Construction Update - Elizabeth Tower (March 2019)

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MARCH 2019

CONSTRUCTION UPDATES

MARCH 2019 We bring to you the latest updates from the construction site of Elizabeth Tower in Manchester

IN THIS ISSUE

CONSTRUCTION PROGRESS: An overview of the build progress of your property at Crown Street, Manchester INVESTMENT NEWS:

SELECT PROPERTY GROUP UPDATE:


CONSTRUCTION UPDATES | March 2019

CONSTRUCTION UPDATE

BUILDING YOUR INVESTMENT AT CROWN STREET, MANCHESTER

We’re excited to update you on the progress of work already undertaken on-site at Elizabeth Tower and Victoria Residence, the two iconic towers that will create Manchester’s exciting new neighbourhood at Crown Street.

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As you can see from the imagery and video in this update, progress at the site has been has now completed, with the core work now beginning on Elizabeth Tower, the next tower on this shared podium.


CONSTRUCTION UPDATES | March 2019

Progress to 4th February 2019

VICTORIA RESIDENCE now complete. Basement levels one and two have now had their slabs complete, while the car park ramp on basement level one has been cast.

three scheduled to take place imminently.

ELIZABETH TOWER All piling and pile cropping work for Elizabeth Tower has now completed, with this iconic new tower already starting to take shape. Crane erection to this tower took place on 20th January, making the site clearly visible across Manchester city centre’s southern districts. Elizabeth Tower’s concrete blinding work

complete from level B2 to the ground In addition, the visual mock-up inspection of the facade to be used on Victoria Residence has also taken place by contractors and architects.

upper level B2 has been cast. Raft reinforcement work for the building has now commenced.

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CONSTRUCTION UPDATES | March 2019

Upcoming Milestones Scheduled March will see the facade of both towers given its performance mock up, with facade brackets also scheduled to start on site on 18th March.

In April, Hoist V and W will begin on site, while the facade panels will arrive before installation starts on 29th April. Fit out of the towers at Crown Street is scheduled to begin on 24th June.

SEE EXCLUSIVE DRONE FOOTAGE OF YOUR DEVELOPMENT

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CONSTRUCTION UPDATES | March 2019

SEPTEMBER 2018

DECEMBER 2018

FEBRUARY 2019

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CONSTRUCTION UPDATES | March 2019

INVESTMENT NEWS

MANCHESTER PROPERTY INVESTMENT CONTINUES TO OFFER THE UK’S BEST CAPITAL AND MONTHLY RETURNS

Manchester to remain one of the UK’s fastest growing economies

Manchester property prices continually rise faster than the UK average

Some of the UK’s strongest economic growth between now and 2021 will be found in Manchester, according to ‘Big Four’

New research has pointed to Manchester recording the fastest rising property prices of anywhere in the UK. According to global

Employment growth in Manchester will be the fastest in the UK over the next three years, while 16,300 new jobs are forecast to be created in the city by 2021.

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growth in Manchester has exceeded the UK In 2017, prices rose 11% in Manchester, versus a UK average of just 5%. In the 12 months to July 2018, prices in Manchester increased just under 9%, while in London they fell -1% over the same period.


CONSTRUCTION UPDATES | March 2019

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