Construction firm Galliford Try said it was part of a winning bid to carry out a 100m pound regeneration project in East Manchester.
The firm said S4B, an Equitix-led partnership that includes Galliford and Contour Homes, had been appointed as preferred bidder for the Brunswick regeneration scheme.
The project will provide 522 new homes as well as new community facilities, including an Extra Care centre (which offers support to elderly residents) and retail units.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Extensive infrastructure works and remodelling will also be carried out under the deal.
"This award is a further demonstration of our strength in regeneration, and our ability to successfully partner with local councils across the country to deliver the housing and facilities that communities need," said Galliford's Chief Executive, Greg Fitzgerald.
-
Adidas, Nike or Jordans - could collectable trainers make you rich?The right pair of trainers can fetch six figures. Here's how you can start collecting vintage Adidas, Nike or Jordans now
-
Early bird ISA investors flock to global funds, India and the USThere’s been an increase in investors maxing out their ISA at the start of the new tax year. But where are they putting their cash and why does it make sense to be an early bird investor?
