Relentless and Salboy agree Joint Venture to deliver 40 storey tower at St. Michael’s
Manchester's New Five Star Destination.
Relentless today announces a Joint Venture (JV) with renowned national property developer Salboy, enabling the final phase of the iconic St Michael’s scheme to be delivered in Manchester city centre.
The 40 storey tower, designed by Hodder + Partners, will comprise a five star, world class 191 bed hotel, 181 serviced residences and a multitude of design led amenity and leisure spaces for residents and guests. With the ambition of setting new standards in design, quality, service and experience, St Michael’s has become one of Manchester’s most anticipated projects.
Phase 2 will front onto the new public square, which will become a hub for food, drink, music and entertainment. Incorporating the best in local, national and international cuisines along with a fully refurbished Sir Ralph Abercromby public house, the square at St Michael’s will be the heart of this new City Centre destination.
The transformational project will see the reanimation and revitalisation of the underused streets surrounding the scheme and by completion, is expected to have brought significant investment to the City and created an additional 1,800 jobs.
Supporting Relentless and Salboy in the delivery of Phase 2, will be contractor Domis Construction, Salboy’s dedicated construction partner. Domis has developed over 2,500 homes across 10 development sites over the last 5 years.
Initial works are expected to start in January 2023, just 12 months after the commencement of Phase 1, the commercial element of the development. The scheme in its entirety is expected to be completed in 2026.
Gary Neville of Relentless said: “The Relentless team have been on this project for 15 years and we’ve never diluted our ambition on what has been an incredibly long journey to build this complex and challenging project. Thank you so much to the Salboy Team, to Fred and Simon in particular and for all their support over the last few months. I would also like to thank Manchester City Council and the Reform Synagogue for the faith they’ve shown over the years. It’s now time to deliver.
Our aim with St Michael’s has always been to create a world class destination in our city that celebrates our local passion, spirit and hospitality that delivers to a 5 star international standard.
Simon Ismail, Managing Director of Salboy, said: "Gary and his team have worked incredibly hard to drive the St Michael's project forward over the last few years and we're excited to be on board to help them deliver this hugely ambitious and long-awaited scheme. We would like to thank Relentless for giving us an opportunity to be involved in this scheme. St Michael's is already raising expectations for what Manchester has to offer. Now it's time for Salboy, Domis and Relentless to work together to make this development a reality and deliver a destination at the sorts of international standards that all of Manchester can be proud of."
Anthony Kilbride, Relentless said: “With the initial phase of the development now well underway it allowed us to focus on finding our delivery partner for the final phase of the project and to complete the masterplan we set out to achieve for St Michael’s. We are delighted to enter into this partnership with the Salboy team, agreements were concluded quickly, with a clear aligned vision & ambition to deliver what we consider to be step change in development for this city.
With our delivery partners our focus is on the execution phase of St Michael’s and the future announcements to make as we progress further.”
Danny Savage, Trustee of the Manchester Reform Synagogue said: “The trustees of the synagogue are delighted that their 15 year partnership with Relentless has successfully come to fruition. The development has overcome many challenges over the years and we have found Gary and the Relentless team to be both supportive and enthusiastic throughout that time. With the proceeds of the synagogue sale, the trustees will now be able to source a more suitable base in the city centre that will cater for the needs of our congregation in 2022 and beyond.”
Joanne Roney OBE, Chief Executive of Manchester City Council, said: “This is an ambitious development in an area of the city with huge potential. The significant level of investment, working partnership and the high-quality design of this development will bring forward a new standard and mix of uses. The scheme will further help our recovery from the pandemic, while demonstrating our ability to deliver transformational regeneration projects in Manchester."