Salford City, 4 September 2019 - Dignitaries gathered today to mark a major milestone in the delivery of 100 Embankment, as this second and final building at this development reaches its highest point.
Representatives from the JV partnership and BAM Construction marked the occasion on site today, exactly one year to the day since ground breaking started, with Salford City Mayor Paul Dennett walking the floors and discussing the significant value this scheme brings to the region.
Part of Salford’s thriving Greengate neighbourhood, the 166,000 sq ft, office building is being brought forward by Ask Real Estate and the Richardson Family in a joint venture with a Tristan Capital Partners’ Fund and Salford City Council.
The £65 million development offers 9 floors of BREEAM Excellent office space with large floor plates just shy of 20,000 sq ft and aims to attract high profile companies to the region.
The scheme is being constructed by BAM Construction who is currently on-schedule for practical completion and handover in June 2020.
Commenting on behalf of the JV partnership, John Hughes, Managing Director of Ask Real Estate said: ‘Today marks another significant step forward in the delivery of this major scheme for Salford. Seeing 100 Embankment emerge and now reach its full height alongside sister building 101 Embankment shows our initial vision coming to life – and it makes a real impact on the city’s skyline. The first phase of the scheme was a huge success, and we’re delighted to see the final piece coming together. Embankment boasts a superb location and accessibility, it is at the heart of the city centre and is a short walk from the main transport hubs, shops and restaurants.’
The team working on the scheme has also succeeded in delivering a range of social value initiatives throughout the project. I think this should concentrate on job opportunities/monetary spend by Salford businesses etc when we get them, not us.
Salford City Mayor, Paul Dennett said: ‘The topping out of 100 Embankment is a very important moment for Salford and its residents. This landmark development is in the heart of the city region, providing high quality office space which creates jobs, growth and investment from which local people can benefit from.
We’re proud to have brought this project to life with our partners and create a new future for the area in this city.’
BAM Construction’s Regional Director, Ian Fleming, said: ‘Our team has achieved what they set out to do to overcome the technical challenges required to not just keep this important development on track, but ahead of programme. This includes constructing the slab foundations on top of the car park below, which has remained open throughout, and operating within an incredibly tight site footprint. The team have also made local community benefit a priority, working closely with local organisations such as Salford’s Broughton Trust to create employment opportunities on site for local people during construction.’
101 Embankment was completed in 2016 with Swinton Insurance taking sole tenancy, testament to the substantial investment that this scale of development attracts to our region.