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PropertyFAR EAST CONSORTIUM (FEC) SELLS OVER 60 PER CENT OF PROPERTIES AT...

FAR EAST CONSORTIUM (FEC) SELLS OVER 60 PER CENT OF PROPERTIES AT NEW CROSS CENTRAL MANCHESTER

DEX Construction appointed to deliver townhouses and apartments at key regeneration scheme for New Cross neighbourhood

Property developer Far East Consortium (FEC) has sold more than 60 per cent of homes at its New Cross Central development in Manchester.

Named after its location at the heart of the evolving New Cross neighbourhood and designed by award-winning architects HawkinsBrown, New Cross Central will offer nine, three-bed townhouses on the ground floor and 71 one and two-bed apartments, including rooftop apartments with private, stepped terraces, a shared central courtyard with seating and planting plus secure cycle storage for each property.

Following a competitive tender process, the development is being delivered by DEX Construction, with work having recently started on site and completion due in the summer of 2022.

FEC project director Hilary Brett-Parr said: “We are excited to be starting on-site with DEX and very pleased to have achieved a significant level of pre-sales in this up-and-coming neighbourhood. I believe New Cross Central will positively contribute to the area and act as a catalyst to further development in New Cross, so it’s great to get started.”

Simon Adams, managing director of DEX Construction, said: “New Cross Central will be an exemplar residential development at the heart of the evolving New Cross neighbourhood and further evidence of the widespread regeneration of Greater Manchester, creating communities for now and the future.”

Manchester-based DEX Construction sits within the FEC International Limited (FECIL) group but operates as a standalone UK construction business and independent contractor.

DEX was formed in January 2020 to complete the delivery of Mount Yard, FEC’s 12-storey scheme of apartments and townhouses at its MeadowSide development of 756 residential properties bordering Angel Meadow, Manchester when Bardsley Construction, the previous contractor on Mount Yard, entered administration.

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