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SALFORD APARTMENTS RE-BRANDED GREENGATE MANCHESTER AFTER AVOIDING £2MILLION FEES
 

Star date: 23rd January 2018

£2MILLION FEE AVOIDANCE, £35MILLION OF PUBLIC MONEY, AND THEN APARTMENT BLOCKS MOVED TO 'MANCHESTER'

 A huge 'luxury' apartment block which avoided almost £2million in fees to Salford City Council, plus around 100 affordable properties, and then got a £35million subsidy from the Government as it changed ownership for £110million, has branded itself 'Greengate Manchester'.

Full details here...


Greengate Manchester
click image to enlarge

Back in 2013, new blocks of 497 private rent sector 'luxury' apartments avoided £1,908,707 in planning fees, plus 20% affordable housing (around one hundred properties) when developer Pinnacle Developments (NW) Ltd got its violin out at the planning meeting of Salford Council.

Salford's planning officers stated that "No affordable housing is proposed in this instance due to viability issues", while "In this instance it is agreed that the reasonable developer return, considered necessary by paragraph 173 of the NPPF, is not currently delivered by this development."

Instead of almost £2million in fees plus those affordable properties, Pinnacle merely agreed to provide "a replica of the former market cross that stood in the area", while a 'clawback agreement' was inserted into the planning permission that if profits were huge some money would be paid back to the city.

At the planning meeting, Councillor Derek Antrobus called the agreement "absurd", while Councillor Stephen Ord  said "the policy is a joke…it's immoral that a development of this size gives nothing back." (see previous Salford Star article – click here)

Since then, the apartment blocks have received a Government Homes and Communities Agency (HCA) subsidy of £35million, about which Gordon More, Head of Investment at HCA said "This is a good example of what HCA funding can achieve and is all about."

In 2016, the Greengate blocks were sold to LaSalle Investment Management for a price quoted as £110million.

At the 2013 meeting when planning permission was granted, Broughton MP Graham Stringer objected that the development "turns its back on the River Irwell" and would be "just a big gated community that does not engage with the area around it".

His words have proved prophetic as the development has now been branded as 'Greengate Manchester'...offering "luxury city centre living perfectly located in the heart of Manchester..." (see here)

It joins other developments including Downtown Manchester (Ordsall) gradually re-branding Salford as 'Manchester'...and giving nothing back to the city that has been so generous in allowing it to avoid millions of pounds of payments.

Meanwhile, Salford Council's own vision for Greengate, which proposes even more blocks of apartments and houses, does not mention a word about affordable housing.*


*See previous Salford Star article on the 'Greengate Vision' – click here 

Brian f kirkham wrote
at 12:40:50 PM on Thursday, February 1, 2018
I take it, given the developers insistence that greengate is in Manchester, any faults around the development, waterways, potholes, electrics, general maintenance will be dealt with by our friends at the regional centre ? .... No....?. Perhaps they should. And then , when the owners kick up a stink...the developers and Manchester council will wake up to their inadvertent but quite deliberate land grab via a rebrand. Greengate maybe in M3, but that’s Salford 3 not Manchester 3
 
Brighter Visions wrote
at 4:12:01 AM on Thursday, January 25, 2018
Those apartments are looking amazing. Great to see some quality investment in a once shabby, rundown and derelict area.
 
Alice wrote
at 7:19:55 AM on Wednesday, January 24, 2018
This is the big plan which nobody admits to. Broughton and Kersal already In Manchester for elections...Chapel street all spruced up ready to become Manchester. Big 'horrors' called luxary apartments rented out to Manchester workers who won't stay when they decide they want a family. So community relationships never develop which they would have done with traditional style housing. As Bob said the residents of these 'luxary boxes' are tied to their work. If they get a mortgage they can't give up, can't go on strike.....they are tied to the treadmill. Interesting to imagine Salford in 50 years time. Maybe just a little pocket of real poverty!
 
Bob the regular wrote
at 10:01:05 AM on Tuesday, January 23, 2018
The people who live in these luxury living gated community city centre flats or whatever they are called have to live somewhere.Apart from one or two of them, most of them own 100% of sweet fanny adams, and will never own anything of their own. They think that they are living a wonderful life with all around them the same. All working their arses off so they can afford to pay the exorbitant rent. They are all kept in the same boat, with the blinkers on, so that they do not get jealous of each other.Jealousy causes all the problems. They all have aspirations, perhaps when Jezza gets in, he might help folks like them.They are all told how secure they are, and fed horror stories about folks who live on the council estates.You know them people on the Jeremy Kyle show. The whole lot of it is a big plot to keep people in debt. That is what the housing market is all about in this country. Do not believe me, just look at Professor Danny Dorlings veiws from Oxford uni.
 
Joe O'Neill wrote
at 7:32:55 AM on Tuesday, January 23, 2018
The question as already been asked but can someone answer???? what is affordable to the average man or women within this city. For the time the star as run i have followed this mag and it's championing of the people who live in this city, as a councillor i have witnessed the builders plunder this city and the people who are tasked with clawing back cash and fight for affordable properties whimper and cry foul all the while nothing happens, the reality Labour don't have the guts to fight these cases. Lets try a test case surely we have the expertise in council with all these political machines we call councillors, or then maybe not. To often we lay back and think of England perhaps it's time to show this council as teeth.
 
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