Nikal has appointed multi-award winning construction business McGoff Construction to deliver enabling works on Altair in Altrincham with a start-on-site targeted for June 2019. McGoff is also in talks with Nikal to deliver all phases of the £70million development.
The new residential and retail Quarter occupies a strategic 4.5acre site at the junction between Moss Lane and Oakfield Road in Altrincham Town Centre. It is adjacent to Altrincham’s Transport Interchange and connects the established residential areas to the east of the town with the main high street.
It was previously announced that the first building of 59 one and two bedroom luxury apartments plus ground floor retail would be delivered by Eric Wright Construction. However, long delays in receiving approvals for major infrastructure work, which involved liaising with Network Rail and other statutory bodies, led to Nikal having to renegotiate its construction contract with the Preston based firm. Regrettably, after a lengthy period of discussions, an agreement could not be reached and Nikal and Eric Wright chose to part company.
Says Darren Jones, Development Director at Nikal, “Negotiating a new contract with a new contractor for a scheme of this scale and significance is not a quick and easy task. Thankfully, McGoff were known to us and have repeatedly demonstrated their considerable capabilities on a variety of successful projects. It’s also satisfying to be able to appoint a local Altrincham based business, with a track record in delivering housing, retail and leisure schemes, to what is an important development in their home town.
“To complement their existing longstanding supply chain, McGoff intends to carry out a targeted marketing campaign including a “meet the buyer” event to encourage local tradesmen and sub-contractors to bid for some of the sub contract packages,” he adds.
Altair One, the first phase residential element within Altair, was brought to market by Nikal’s luxury homebuilding arm, Hillcrest Homes, in Summer 2017. Close to 60% of the apartments are currently reserved.
Says James Payne, Managing Director of Hillcrest Homes, “The delays have obviously been disappointing for ourselves and our customers but they have been incredibly patient and understanding. The majority have chosen not to exercise their right to cancel their reservation and receive a full refund. One positive for them is that Altrincham continues to thrive. Demand for new, high quality homes within the town centre remains high and the value of their apartments continues to increase. We will be delighted to finally make a start at Altair.”
McGoff Construction’s Joint Managing Director Dave McGoff comments, “McGoff Construction are delighted to support Nikal with the continued regeneration of our much loved home town. Not only is Altair a stunning addition to Altrincham’s skyline, such partnerships between likeminded locally based businesses will undoubtedly have a positive effect on the local economy.”
Altair is a new £70 million residential and lifestyle Quarter in the heart of Altrincham Town Centre. It lies on a 4.5-acre site at the junction between Moss Lane and Oakfield Road and is adjacent to the tram, train and bus Interchange connecting it with Manchester City Centre and beyond.
Altair is a dramatic and complementary addition to Altrincham’s evolving townscape and symbolises its rebirth as a top destination for living, shopping, eating out, entertainment and business.
Nikal has secured planning for 144 one, two and three bedroom apartments, 45,000 sq ft of leisure retail space and 20,000 sq ft of Grade A office accommodation. Surrounding the buildings will be a stunning new public realm. This central boulevard will link the new Quarter directly to the Transport Interchange as well as provide an attractive outdoor environment in which residents, workers, shoppers and diners can relax and socialise.
ABOUT MCGOFF CONSTRUCTION
McGoff Construction Ltd is a privately owned, multi award winning construction and integrated support services business based in Altrincham. An Investors in People Gold and Sunday Times Top 100 Small Business, McGoff Construction directly employs over 130 people and operates on a national basis for an impressive blue-chip client base. McGoff has an impressive project portfolio and is currently on site in Castlefield, Manchester delivering sold out £55M Manhattan-inspired residential apartment scheme, Downtown Manchester.