A sustainable, residential apartment building has been converted from an unused office block in Piccadilly Village into 43 studio and one-bed homes.
Beech Holdings has breathed new life into the development on Great Ancoats Street including fitting a sustainable heat recovery system into the building leaving it as passive as possible in its emissions.
Now fully occupied, Piccadilly Village completes with a GDV of £6.1 million and is now home to young professionals and graduates.
The building has been finished to Beech Holdings’ exceptional quality standards with high-specification appliances, fully fitted furniture, long-lasting Amtico flooring and includes all utilities in the rent, as well as hyper fast Wi-Fi.
Stephen Beech, CEO of Beech Holdings, said: “This was another unloved building we’ve managed to completely overhaul, sustainably and appropriately. The site really is quite an oasis, offering tranquillity in the heart of the City.
“We will retain this building and manage it ourselves with our lettings arm, Manchester Apartments. We’ve already fully let this building and welcomed many international tenants. This is great to see as they have such an important role in the economic success of Manchester and clearly demonstrates the feelings of safety people are experiencing now the pandemic is more under control.”
The original site was unused for several years, it is located water-side in a quiet and attractive position on the Ashton Canal offering a small green sanctuary in the City Centre.
Beech Holdings lettings arm, Manchester Apartments, will manage the building and it is the fourteenth project delivered in the City for Beech Holdings, bringing over 1000 apartments to Manchester.
Beech Holdings has a history of taking on unloved buildings and regenerating them into modern, tenant-inspired homes with a strong focus on placemaking, community creation and sustainability. The company offers an end-to-end investment service and a fully integrated offering, meaning that it promises investors and tenants a full-service operation of design, development, management, lettings and maintenance.
The company currently has over 600 apartments and seven developments under construction with flagship projects, such as Ancoats Gardens, on Rochdale Road, and Piccadilly Warehouse, located on Bloom Street, which is one of the last remaining Grade-II listed warehouses in Central Manchester.