Construction work has begun on the second and final phase of Salford’s Embankment scheme.
The 160,000 sq ft office building, 100 Embankment is now being built at the site within the Greengate area.
Ask Real Estate and the Richardson Family are delivering the nine-storey, Grade A commercial property in a joint venture (JV) with a Tristan Capital Partners’ fund and Salford City Council.
Representatives from the JV partnership and BAM Construction marked the occasion yesterday (6 August) by completing the concrete sealing of the 23rd steel hub which connects to the frame of the basement car park below.
The milestone paves the way for work to begin on the erection of the steel frame above ground and the structure of the building will now start to take shape.
On behalf of the JV partnership John Hughes, managing director of Ask Real Estate, says: “The second phase of the scheme is now well underway and we are looking forward to seeing 100 Embankment emerge alongside its sister building 101 Embankment.
“The success of 101 Embankment in securing the Swinton letting is testament to the schemes superb location and accessiblity.
“Being right at the heart of the city centre and only a short walk from the main transport hubs, shops and restaurants Embankment continues to attract significant interest from occupiers and we look forward to now delivering the second phase.”
Salford City Mayor, Paul Dennett adds: “The start on site at 100 Embankment is a physical demonstration of the continued development and investment in Salford. Once complete this iconic pair of buildings will provide a new corporate centre for the city bringing more jobs and revenue for the local authority.
“This development is a key example of local government entrepreneurialism, leveraging investment from the local authority to kick-start economic growth and bring in revenue. The council makes a great partner for business and the people of our city benefit from the profits which can be invested back into our services.”