Eutopia gets green light for 500 Salford flats

Developer Euopia Homes has gained planning to build 500 flats in Salford.The £105m scheme of 500 flats for sale and private rent will be built on a 2.8-acre site next to the River Irwell, next to Exchange Quay.Eutopia Homes, which got the thumbs-up in a council virtual planning session, said the development would make a significant contribution to the local economy, as Salford looks to bounce back post-coronavirus.The construction phase alone will deliver a £68m economic boost and create over 600 jobs.Designed by Darling Architects, the flats will be spread over two E-shaped blocks and range from one to three-bedrooms in size.The Council has demonstrated a speed of decision making in difficult times which is testament to the desire to attract inward investment”Eutopia Homes has a £365m pipeline of mid-market homes for rent and for sale in key regional cities across the UK.It also recently secured planning permission for a £130m ‘urban village’ in Exeter, which will see 15 acres of brownfield land transformed into 465 new homes, with a mix of affordable, private rented and for-sale housing to be provided alongside extra-care units.