Market leading city centre residences coming to NOMA
Designs and plans for NOMA’s largest residential site (plot L) have been revealed by developer Moda Living, the joint venture between Generate Land and Caddick Developments.
In what was a major endorsement of the future of NOMA, Moda Living exchanged conditional contracts for the site earlier this year to create Manchester’s most desirable city centre place to live.
Dubbed as Angel Gardens, the development will boast 455 PRS apartments and includes a 36 storey tower. All residents will have exclusive access to the great facilities being provided including lounges, a cinema room, rooftop gardens, a gym with fitness classes and sports pitches.
As part of this skyline changing development there will also be new bars, restaurants and retail space open for all.
This development underlines NOMA’s ambition to create a quality location and to become a true community where people come to live, work and play.
Johnny Caddick, director of Moda Living, said: “We have chosen the NOMA scheme to launch Moda Living as we believe it to be an incredible offering in an unbeatable area of redevelopment and investment in Manchester city centre.
"It provides the perfect opportunity to introduce the brand and concept, which we intend to showcase as the benchmark for the UK private rented sector.
“Manchester is the fastest growing population outside London and is expected to significantly grow over the next 10 years in both GDP and Household disposable income terms by 31 per cent and 29 per cent respectively. Moreover, with 28.4 per cent, or 58,000 households in Manchester falling into the private rented sector – often with both poor quality and poorly managed accommodation - the prospects for rental growth, in this city, are substantial.”
Work onsite is scheduled to begin Q3 2015 with the first apartments ready for occupation in 2017.
Moda Living has appointed CBRE as retained advisors and Haus Collective as the architects.
JLL and Colliers were agents on the original land sale.