Muse appoints JLL at One Smithfield Square
Muse has appointed Jones Lang LaSalle to sell the 77 apartments at the next phase of the Smithfield regeneration scheme in Manchester's Northern Quarter.
Construction is well under way at One Smithfield Square which includes a mix of one, two and three-bedroom apartments and more than 6,000 sq ft of ground floor commercial space.
Muse has also committed to an initial stage of shell restoration and refurbishment of the Grade 2-listed building known locally as the Mackie Mayor owned by Manchester City Council.
Hollie Reynolds, residential sales and marketing manager at Muse Developments, commented: “The unveiling of One Smithfield Square marks another exciting step forward in this significant regeneration scheme in the very heart of the Northern Quarter. The mixed-use development will provide contemporary and high-spec homes and we’re delighted to be working alongside Jones Lang LaSalle to market this fabulous development.”
Stephen Hogg, lead director, regional residential at Jones Lang LaSalle, said: "The market has been waiting for a scheme like One Smithfield Square to be developed in the Northern Quarter for a long time now. The area has matured into one of the best parts of the city - almost a village in its own right - but the supply of new apartments has not kept pace with the area's growth.
"One Smithfield Square will provide us with some very contemporary, new and exciting apartments. The architecture alone provides some clues to how cutting-edge these units will be. JLL has had a huge number of enquiries already and we expect the first release to sell off-plan very quickly."
One Smithfield Square is due to be completed in October 2014 and is being delivered by Ician Developments, a wholly-owned subsidiary of Muse Developments, in partnership with Manchester City Council. The Homes & Communities Agency invested £6.5m towards the scheme through the Get Britain Building fund.