DEVELOPMENT MANAGEMENT - CASE STUDIES
ONE HERITAGE TOWER One Heritage Tower was acquired in January 2020 by One Heritage Tower Limited and is situated on the corner of New Bridge Street and Greengate, Salford. One Heritage has successfully achieved outlined planning for 542 self-contained one-, two- and three- bedroom apartments that will be arranged over 55 floors, which will also include extensive market leading amenities such as amenities such as a gym and a penthouse residents’ lounge. One Heritage have entered into a PCSA to deliver the development and expect works to commence on site in Q4 2022 with construction forecasted to take 4 years.
One Heritage Group PLC operates as development manager for projects, either formally part of the group or for 3rd party investors. This service covers the development process from devising development strategies, selecting and auditing external consultants, planning, procuring construction or redevelopment services to formulating and executing an exit strategy. QUEEN STREET 84 Queen Street was acquired in July 2021 by One Heritage North Church Limited with plans to remodel, refurbish and convert the former City Centre commercial building into a modern mix of apartments. The property is set to comprise 58 units, a mixture of studios as well as 1 and 2 bedroom apartments. Works commenced on site Q1 2022 and are due to be completed Q2 2023. The Queen Street development is set to add great value to Sheffield’s residential market. OLDHAM COUNTY COURT Oldham County Court was purchased in February 2020 and One Heritage secured planning approval to convert into 43 residential apartments. In Q2 2021, One Heritage executed a forward funding deal to sell the scheme to Arcon Housing Association. The development provides 43 apartments for affordable housing use in a mixture of 1, 2 and 3 bed apartments. Works commenced in Q2 2021 and are due to be completed Q2 2022. One Heritage are working in collaboration with Arcon Housing Association to ensure a quality residential development is handed over.
542 Apartments
2 commercial units
Q4 2022 Project start
Q1 2026 Estimated completion
55 Storeys
390,408 Size (sq ft)
£155M GDV
14
15
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