FEC wins auction for site of failed £77m Angelgate development

Angelgate lsh

Far East Consortium (FEC) has acquired the site of the Pinnacle’s failed Angelgate residential development in central Manchester at online auction.

The 1.96-acre Dantzic Street site has remained redundant since developer Pinnacle (Anglegate) entered administration in September 2017, having been granted planning permission by Manchester City Council for a £77m, 344-home scheme across two towers in 2013. Pinnacle (Angelgate) was a special purpose vehicle for developer Pinnacle, which now continues to trade on other schemes.

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