Salboy鈥檚 partner construction firm Domis is expected to start work on site this spring.
Planning permission for the scheme, on the former Bauer Millet site off Albion Street in Manchester, is already in place for a 40-storey residential tower and a 14-storey office block with 240,000 sq ft of commercial space.
The 拢300m project involves working around a tram line and listed railway arches. Work is expected to take approximately three years.
The development, designed by Simpson Haugh, will transform the neighbouring railway arches and create an active frontage along Great Bridgewater Street with new bars, restaurants and shops.
Ask managing director John Hughes said: 鈥淭his new and exciting partnership joins together two well established Manchester real estate companies.聽 By joining forces with Salboy, together we are able to bring to fruition this significant development, which is in response to the city鈥檚 continuing economic, cultural and population expansion.
聽鈥淰iadux brings back to life 鈥榟idden鈥� space and with its unique characteristics, will transform this key location adjacent to Deansgate Castlefield Metrolink station, the Beetham Tower and Manchester Central Conference and Exhibition Centre.鈥�
Simon Ismail, co-founder and director of Salboy, said: 鈥淰iadux will benefit from our extensive construction expertise and residential development experience and will be the latest in a line of high quality schemes we are delivering in the city region. Working with a partner of the calibre of Ask over the coming years will help create one of the most exciting mixed-use projects right in the heart of the city centre.鈥�
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