CDL Hospitality Trusts launch The Castings BTR in Manchester

Opening its doors to residents this Summer, The Castings will provide highly sought-after Build to Rent homes in a desirable Manchester area.

Two-bedroom apartment at The Castings Build to Rent development in Manchester | CDL Hospitality Trusts | BTR News
Two-bedroom apartment at The Castings Build to Rent development in Manchester.

One of Asia’s leading hospitality trusts – CDL Hospitality Trust (CDLHT) – announces the launch of The Castings Build to Rent development in Manchester’s Piccadilly East.

The new lifestyle-led development includes 352 studios, one-, two- and three-bedroom Build to Rent apartments. Amenities include a new yoga room and gym, a games room, private dining spaces, a work hub, co-working space and a rooftop terrace.

At ground floor level there are three retail and F&B units ranging from 400 sq ft to 3,000 sq ft, which will soon further provide amenities for residents and those in the surrounding area.

Viewings of the show apartments will be ready to book soon, with the first residents viewing the apartments from this month. The scheme will open its doors to residents in May 2024, with move-in dates from June 2024.

“In just a couple of months, we’ll be welcoming residents into our new community. The focus for The Castings has been to create much more than just apartments; it’s a whole new lifestyle, with the best service and living experience that Manchester has to offer. Piccadilly East is an exciting area to be part of which already contains some of the most exciting venues within the city, it’s the next generation of Manchester, and following on from the footsteps of Ancoats we hope to continue to create the next bustling creative hub in the city.” 

Dave Evans, Community Manager, The Castings

Located just behind Manchester Piccadilly train station, The Castings is anchored within the city’s most exciting new neighbourhood, Piccadilly East, which was named in the Sunday Times coveted lists of best places to live and sits conveniently adjacent to Ancoats, New Islington and the Northern Quarter.

Piccadilly East is already home to some of Manchester’s most sought-after venues including the highly anticipated Co-Op Live, the Diecast food, drink and live entertainment venue, Ducie Street Warehouse & Blok gym, alongside a host of Manchester-based breweries including Cloudwater, Track and Manchester Union.  

The site sits within an area of rich industrial history and pays homage to its past with ‘The Castings’ name, which derives from pouring molten metals and other materials into moulds. The apartments are inspired by these industrial shapes, flowing forms and molten textures.  

Monthly rental prices for the scheme start from £1,150 for a studio, £1,250 for a one-bedroom, £1,525 for a two-bedroom and £2,175 for a three-bedroom apartment.

CDLHT comprises CDL Hospitality Real Estate Investment Trust – a real estate investment trust, and CDL Hospitality Business Trust – a business trust. As at 31 December 2023, CDLHT had assets under management of about S$3.3bn. The Trust also owns The Lowry, Manchester’s 5* hotel.