This first tower of this exceptional development, on the fringe of Manchester’s City Centre, was completed by Renaker in early 2020, with our team at Settio working to let approximately 20% of The South Tower which is the tallest residential building outside London at 64 stories, reaching over 200m into the sky.
As we saw the strictest pandemic restrictions begin to lift in February 2021, we also saw the second residential tower, East Tower, reach completion. Since then our team have worked closely with developer, Renaker, to assist growing numbers of investors with their properties. Our all-inclusive and comprehensive management approach to new build investments has been increasingly popular in the market while the ability and desire for landlords to travel and visit their investments is restricted.
The apartments themselves offer a slightly superior specification to The South Tower and occupation of the building so far has been rapid with the team letting the majority of apartments within three weeks of the completion date. Facilities on site now are all fully operational with the stunning central concierge dome also now open for residents along with multiple ‘work from home’ spaces and meeting rooms along the mezzanine floor, perfect for the new way of working that so many of our tenants are required to adopt.
We’re delighted to see our portfolio grow within Deansgate Square along with our relationship with building managers Zenith and developer, Renaker. The next scheme to complete nearby, developed by the same team, will be Castle Wharf which offers similar high end finishes while boasting waterside balconies and we look forward to bringing these impressive units to market later in 2021.