Hong Kong stock exchange-listed developer had “many offers” for the land
Far East Consortium, the property developer currently revamping Hornsey town hall in London, has begun a consultation over its plans for a market sale residential development in Manchester.
FEC, which is listed on the Hong Kong stock exchange and recently expanded its operations in the UK, opted to develop the site on Addington Street in the New Cross neighbourhood of Manchester despite receiving “many offers” to buy the land.
It is looking to build 80 homes (pictured), designed by architect Hawkins Brown, on the 0.12ha site which is currently being used as a car park.
The developer said it wants the views of local people before submitting a planning application.
FEC project director Hilary Brett said: “We have received many offers to sell the site for different uses however we have decided we wanted to bring forward the site ourselves aimed at the local, residential market in this thriving new neighbourhood.
“We want to introduce our proposals to the local community and genuinely welcome and value their feedback on our scheme.”
FEC’s scheme to upgrade Hornsey town hall will result in 135 flats designed by Make Architects.
Work on the scheme is due to be wrapped up by autumn 2021.
The art deco town hall dates back to 1935 and is considered one of the UK’s first modernist buildings.
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