A property company’s vision to transform a street in Manchester’s trendy Northern Quarter has moved a step closer with the completion of Bollin House, a brand new six storey mixed use development.
Agecroft Investments has bankrolled the £15m renovation of Edge Street, in the heart of the Northern Quarter, in order to create a vibrant residential and business community.
Bollin House, a six storey new build, includes a ground floor of retail premises as well as 14 luxury apartments on the five upper floors.
Agecroft, who are based in Cheshire, have owned a number of properties on Edge Street for more than 50 years, but the firm has massively upped its investment there over the past decade. The construction of Bollin House was to meet growing demand from prospective tenants after all 31 apartments in its nearby Agecroft House were successfully let.
Agecroft’s plan all along has been to transform Edge Street into an attractive destination offering a diverse mix of residents, retailers, restaurateurs and other businesses. At the same time, these would have to reflect the quarter’s creative, alternative ethos.
As such, Edge Street is now home a number of creative businesses and an eclectic array of food and drink venues. Fried chicken specialist Yard and Coop and Parisian-style brasserie 63 Degrees have both recently set up base here, joining Home Sweet Home, Luck Lust Liquor, Burn, Teacup Kitchen and Terrace.
“We’re a genuinely long-term investor in Edge Street and the wider Northern Quarter having owned certain properties there for more than 50 years,” Fraser Westbrook, managing director of Agecroft Investments, said.
“Our strategic vision has allowed us to create a thriving and exciting community at the heart of the ongoing regeneration of the Northern Quarter as a hub for alternative culture including the music, fashion and creative industries.”
He added: “We’ll continue to show our commitment to the area’s immediate and longer term prospects with further financial investments.”