The Manchester-based Build to Rent scheme Eda (formerly known as Anchorage Gateway) is being delivered in a joint venture with developer Cole Waterhouse and global real estate private equity firm Taurus Investment Holdings LLC, and has recently topped out. Cole Waterhouse agreed a £45.5m finance facility with Fortwell Capital in late 2021 for the scheme.
Contractor Domis Construction joined the project team representatives to mark the milestone with a visit to the 29-storey building’s highest point. The building is currently the highest residential tower in Media City and Salford Quays.
Designed by Chapman Taylor architects, Eda is a 250,640 sq ft, L-shaped residential building comprising one, two and three-bedroom apartments.
“The Domis team has done a superb job to achieve topping out so early in the build programme and to be able to celebrate that milestone with the soft launch of the Edabrand makes this a special occasion for the team. Eda is Cole Waterhouse and Taurus’ first joint Build to Rent targeted development in the UK and it was great to be able to celebrate topping out with them prior to the Easter break. Working closely with Domis to deliver the building safely, on time and to budget is of course the first step. The next is to create a brand which appeals to an ever more sophisticated occupier market. We have been working closely with our designers Peter & Paul to create a standout brand which really appeals to potential residents.”Simon Gallanders, Managing Director, Cole Waterhouse Residential
The Eda delivery team includes Jon Matthews Architects as delivery architect, WSP Planning, structural engineers Renaissance, M&E consultants Novo, landscape architects Exterior Architecture, project managers/quantity surveying services by Henry Riley, Project Four Safety Solutions providing CDM and Principal Designer services with legal advice from Ward Hadaway.
“We are thrilled to have been able to partner with Cole Waterhouse on Taurus’ re-entry project in the UK. Located in the heart of Salford Quays, Eda is the tallest tower in the area offering breath-taking views of the surrounding architecture. I am proud and thankful to the vision and incredible efforts of all our partners involved that have progressed Eda to the finish line ahead of schedule.”Nick Jacobs, Managing Director, Taurus UK
Eda residents will benefit from two landscaped terrace gardens, with the rooftop penthouse apartments each containing their own private terraces.
At ground level, the building will offer 4,000 sq ft of commercial space already pre-let to Co-op Food, as well as extensive areas of internal amenity including co-working space, residents’ lounges, cinema room, bookable private dining and entertaining facilities, along with a fully equipped gym managed by a dedicated on-site concierge and management team.
“Having worked previously with Cole Waterhouse in Salford at No1 Old Trafford, we knew that Eda would be another high-quality development and we have maintained close collaboration to ensure it will be delivered on budget and hopefully ahead of schedule.”Kingsley Thornton, Domis Construction
The Cole Waterhouse and Taurus Investment Holdings project is on track for practical completion in Q3 2023. Apartments in the development will be available for rent later in the year.