Next phase of £1bn Middlewood Locks regeneration scheme set to move forward
The next major phase of the £1 billion Middlewood Locks regeneration scheme is set to move forward after securing funding from The National Housing Bank.
Celebrating its tenth anniversary and a decade of ongoing development, Middlewood Locks has transformed the formerly disused site encompassing the three large basins of the Manchester, Bolton and Bury Canals, enhancing the waterways and rejuvenating the Ordsall Chord railway infrastructure.
Middlewood Locks is now home to more than 2,600 residents across 1,306 homes, complemented by retail and leisure amenities and an expansive public realm. The development has received both national and regional recognition for its positive social impact and for facilitating connectivity between Salford and Manchester, offering secure walking and cycling routes between the two cities.
The project's joint venture partners, Scarborough Group International and Metro Holdings, have a well-established partnership with Homes England, the parent organisation of the National Housing Bank, which has previously provided funding for earlier phases of development, all since fully repaid.