Salboy has acquired a development site in Salford’s Trinity Way area from Renault for an undisclosed price.
The 52,000 sq ft site, which currently houses a car showroom and surface car parking, represents the next phase in Salboy’s ongoing transformation of the Trinity Way and Greengate corridor.
Salboy’s scheme on the Renault site will be its fifth development in eight years in the Greengate area and the company is now working with Studio Power to explore a range of design options and development approaches for the site.
Simon Ismail, co-founder and managing director of Salboy, said: ”We’re excited to finalise this deal, which allows us to continue our regeneration work in an area where we’ve already demonstrated our commitment to creating remarkable places. This site represents an excellent opportunity to deliver another high-quality development that contributes to the ongoing transformation of Trinity Way.”
Ed Rooney from Savills, which acted for Renault on the deal, added: “Savills are delighted to have concluded this deal with Salboy on behalf of our clients, Renault. We are excited to see the scheme for the site come to fruition and look forward to working with the Salboy team over the next few years as our clients hand over the site on the agreed basis.”
