Strong Demand at the Hat Box with more than 55% sold

October 1, 2015

Hat Box kitchen.jpg

Developer Scarborough Group has announced that it has already sold more than 55% of homes at its new £30m Hat Box scheme in Manchester.
 
The development launched for sale in August which is typically a quiet month in residential property sales due to holidays, however the Hat Box bucked the industry norm and had a queue of customers waiting to reserve their new home from 6am on the day of the sales launch.


Scarborough sales and marketing director Nicola Wallis said: “We had a fantastic sales launch and it was great to meet so many owner occupiers who were there to buy their new home.  It’s also really encouraging to see such strong demand for the Hat Box in advance of completion, as the first occupiers will move in early next year.’


“The Hat Box will provide a really good mix of apartments that are typically larger than your average new home as we want to cater for a wider audience from first time buyers, families to empty nesters.  We are also offering Help to Buy on a number of the apartments and this has proved very popular with our customers, as it helps people onto the property ladder with as little as a 5% deposit’.
  
The Hat Box is adjacent to Milliners Wharf, in the popular residential area of New Islington. The apartments will be light, airy and spacious, completed to a high specification and most will have a balcony or private terrace. Externally, the Hat Box will also boast excellent facilities including a sky garden complete with oversized chess board and table tennis along with secure parking and bicycle stores. It is ideally located close to the Metrolink and within short walk along the canal to the city centre.
  
The Hat Box is being developed by Scarborough and its JV partners Top Spring International Holdings Ltd, a Hong Kong-listed real estate developer in China, and Metro Holdings Ltd, a Singapore-listed property development and investment group. Together the group has formed a JV company called Fair Briar International.
 
Concluded Nicola “We are thrilled with how positive the sales have been on the Hat Box and we are really looking forward to moving our customers into their new homes early next year’.
 
Further details about the show apartment and prices can be found here http://www.headtohatbox.co.uk

Source: NW FYI

Property briefs: Euan Kellie; B8RE; Federation House & more

September 23, 2015

DEVELOPER Scarborough Group has announced that it has already sold more than 55% of homes at its new £30m Hat Box scheme in Manchester.
 
The development launched for sale in August which is typically a quiet month in residential property sales due to holidays. But the Hat Box bucked the industry trend and there was a queue of customers waiting to reserve their new home from 6am on the day of the sales launch.

Scarborough sales and marketing director Nicola Wallis said: “We had a fantastic sales launch and it was great to meet so many owner occupiers who were there to buy their new home.  It’s also really encouraging to see such strong demand for the Hat Box in advance of completion, as the first occupiers will move in early next year.’

“The Hat Box will provide a really good mix of apartments that are typically larger than your average new home as we want to cater for a wider audience from first time buyers, families to empty nesters. 

"We are also offering Help to Buy on a number of the apartments and this has proved very popular with our customers, as it helps people onto the property ladder with as little as a 5% deposit’.
  
The Hat Box is adjacent to Milliners Wharf, in the popular residential area of New Islington.

The apartments arebeing completed to a high specification and most will have a balcony or private terrace.

Externally, the Hat Box will also boast excellent facilities including a sky garden complete with oversized chess board and table tennis along with secure parking and bicycle stores. 
  
The Hat Box is being developed by Scarborough and its JV partners Top Spring International Holdings, a Hong Kong-listed real estate developer in China, and Metro Holdings, a Singapore-listed property development and investment group. Together the group has formed a JV company called Fair Briar International.

Source: The Business Desk (and news letter)

Manchester's Hat Box development reports early sales surge

By Richard Bell September 18, 2015

                                                                                                                        

                                                                                                                        

More than half of the homes at the new £30m Hat Box scheme in Manchester have now been sold.

Yorkshire-based developer Scarborough Group announced that despite only becoming available last month, 55% of the units have been snapped up by buyers.

Nicola Wallis, the firm’s marketing director, said: “We had a fantastic sales launch and it was great to meet so many owner occupiers who were there to buy their new home.

“It’s also really encouraging to see such strong demand for the Hat Box in advance of completion, as the first occupiers will move in early next year.”

She added: “The Hat Box will provide a really good mix of apartments that are typically larger than your average new home as we want to cater for a wider audience from first time buyers, families to empty nesters.”

Located next to Milliners Wharf in the New Islington area of Manchester, the Hat Box will feature parking spaces and a sky garden with table tennis facilities.

Nicola continued: “We are thrilled with how positive the sales have been on the Hat Box and we are really looking forward to moving our customers into their new homes early next year.”

The Hat Box development is a joint venture between Scarborough Group, Hong Kong-headquartered real estate firm Top Spring International Holdings Ltd, and Singapore-based development and investment company Metro Holdings Ltd. Together, the three organisations have formed a joint venture company called Fair Briar International.

Source: BDaily

HAT BOX TO HELP MANCHESTER RESIDENTS ON TO THE PROPERTY LADDER

HAT BOX TO HELP MANCHESTER RESIDENTS ON TO THE PROPERTY LADDER

The Hat Box, Scarborough Group’s development of 144 new homes in Manchester’s thriving New Islington area has been granted Help to Buy, making the development  even more accessible to people wishing to own their own home and enjoy the benefits of this popular community.

The news also dovetails with the Group’s announcement that it will launch its new show suite  at the development on Saturday 1st August; when  customers will have the opportunity to meet the sales team, have a look around the show apartment and reserve their new home in the Hat Box as the apartments will be released for sale.

Scarborough’s Sales and Marketing Director Nicola Wallis explained: “I am delighted that we are able to offer this fantastic Government schemeat the Hat Box, which will help make homes even more accessible for our customers. There is a really good mix of apartments available ranging from garden apartments, one and two bedrooms with balconies and three bedroom corner apartments with master bedrooms featuring dressing room and ensuite bathroom with walk in shower, so we hopefully have something for everyone.”

The Help to Buy scheme allows people who don’t already own their own home, the opportunity to get a foot on the property ladder with as little as a 5% deposit making it much more accessible. It is available on a number of apartments at Hat Box and further details will be available at the launch event on Saturday 1st August

The homes, which have received an overwhelmingly positive response from buyers registering their details in advance of sales, will be spacious, have lots of natural light and will be completed to a high specification with most featuring a balcony or private terrace. Externally the development  will include a residents’ sky garden featuring an oversized chess board, table tennis and seating areas, ensuring that residents can enjoy the lifestyle benefits of city centre living with outdoor communal space.  In addition there will be secure parking and bicycle stores on site.

The Hat Box is located adjacent to Milliners Wharf – Scarborough’s first Manchester development. It is within the emerging community of New Islington which boasts its own Metrolink stop, a nursery, two primary schools, a health care centre, a park and a marina, all within strolling distance of the city centre. Nicola continued: “New Islington is a vibrant and exciting place to live. It’s perfectly located within walking distance along the canals to the city centre and there are plenty of amenities on your doorstep for the residents to enjoy. The interest we have received to date for the Hat Box from prospective purchasers – and the already established community at Milliners Wharf which provides 261 homes – prove how attractive this popular location is becoming for people to live.”

The Hat Box is being developed by Scarborough and its JV partners Top Spring International Holdings Ltd, a Hong Kong-listed real estate developer in China, and Metro Holdings Ltd, a Singapore-listed property development and investment group. Together the group has formed a JV company called Fair Briar International.

The Hat Box show suite will be open from Saturday 1st August 2015 from 10am to 5.30pm. You can register your interest here: www.headtohatbox.co.uk, or for more details about Help to Buy visit: www.helptobuy.org.uk

Scarborough lands in Manchester Creating 500 new jobs

Scarborough lands in Manchester Creating 500 new jobs

Ahead of the sales launch of its £30m Hat Box scheme in Manchester next month, Scarborough Group International has opened a new office in the city.

The company’s arrival will help to create around 500 new jobs in the local area to assist with the development and sales of the 144 new homes in the Hat Box development, which is located in New Islington. The jobs being created include a construction team based on site at New Islington, a sales team based in the new show apartment which is opening later this summer in addition to the team already based in the new Manchester office in Castlefield.

Leading the Residential sales team is Scarborough’s Sales and Marketing Director Nicola Wallis. She joined the company last year in preparation for the sales and marketing of Scarborough Group’s pipeline of over 2000 new homes in the city and said: ‘The Hat Box will provide 144 fantastic new homes adjacent to Milliners Wharf, in the popular residential area of New Islington, creating around 500 jobs for the local area.

“The apartments will be light, airy, and spacious, completed to a high specification and most will have a balcony or private terrace. The Hat Box will have excellent facilities including a sky garden, secure parking and bicycle stores and is ideally located close to the Metrolink and within walking distance of the city centre.

“We have been overwhelmed by the level of sales enquiries we have received to date and we are really looking forward to launching our new show apartment this summer when the apartments will be available for sale.’

Added Simon McCabe, Managing Director of Scarborough Group International: “We are thrilled to be delivering this high-quality, residential scheme in one of the UK’s most vibrant, cosmopolitan and progressive cities.

“By launching a Scarborough office in Manchester and with a development pipeline of £700m, we’ve demonstrated our commitment to deliver new homes in a dynamic city where there is strong demand for good quality housing.”

The Hat Box is being developed by Scarborough and its JV partners Top Spring International Holdings Ltd, a Hong Kong-listed real estate developer in China, and Metro Holdings Ltd, a Singapore-listed property development and investment group. Together the group has formed a JV company called Fair Briar International.

To register your interest for Hat Box ahead of its summer launch, visit: www.headtohatbox.co.uk

Manchester’s newest district announces new city centre apartments

Manchester’s newest district announces new city centre apartments

With city centre living becoming a more and more attractive proposition for students and business people alike, and an incredible 97% of residential properties in the city centre already occupied, Manchester needs 55,000 new homes in the next 12 years to satisfy demand. Hence the creation of new communities like New Islington.

But following a crippling recession, even Manchester struggled to maintain the growth it had experienced over the last decade. When the first phase of Milliners Wharf was completed, the UK was in the darkest depths of the financial crisis and there was a danger of the project failing to attract buyers.

The picture is certainly much rosier now. The construction of a new Metrolink stop has bolstered New Islington’s appeal. The sheer scale of the development is staggering. Up to 2,000 new homes and commercial spaces with an array of restaurants, shops, and bars with a gross development value of £575m are expected to take up residence over the next 57 years.

Milliners Wharf has entered its 2nd phase with the £30m ‘Hat Box’ development, the only new city centre apartments being launched this summer. Hat Box will provide 144 contemporary, high-spec apartments with the first 1,2, and 3 bedroom apartments expected to be completed in early 2016.

The apartments are aimed at owner occupiers, anyone from young professionals, international students, families, ‘empty nesters’ or first time buyers. There’s something for everyone. Most of them benefit from a balcony or private terrace with views of the Pennines. They all have access to the communal Sky Garden with table tennis, oversized chessboard, seating and BBQ areas included.

New Islington’s growing potential seems to mirror its quirky neighbours, the Northern Quarter and Ancoats, which have seen much redevelopment in recent times. Walking around the site you immediately get a community vibe, which can be a rarity in such a build. But not here, which is pretty refreshing to say the least. Everything the city centre has to offer is on your doorstep plus all the benefits of the green open space and canals. The sales suite launch next month will give prospective buyers a taste of what’s to come.

For more information www.headtohatbox.co.uk

Scarborough Group International to create 500 Manchester jobs

Scarborough Group International to create 500 Manchester jobs

The developer behind the Hat Box and Middlewood Locks projects is setting up an office in the city.

Around 500 jobs will be created through the opening of a Manchester office by property developer Scarborough Group International. The firm is behind the £30m Hot Box development, in the New Islington area of the city. It will see 144 new homes built.

The firm has also secured planning for its Middlewood Locks project, which will see 2,000 homes and a 750,000 sq ft mixed use scheme created. The jobs being created include a construction team based on the Hat Box site, a sales team in a new show apartment, opening later this summer, as well as a wider team in its new Manchester office, in Castlefield.

Leading the residential sales team is Scarborough’s sales and marketing director Nicola Wallis. She said: “The Hat Box will provide 144 fantastic new homes adjacent to Milliners Wharf, in the popular residential area of New Islington, creating around 500 jobs for the local area.

“The apartments will be light, airy, and spacious, completed to a high specification and most will have a balcony or private terrace. The Hat Box will have excellent facilities including a sky garden, secure parking and bicycle stores and is ideally located close to the Metrolink and within walking distance of the city centre.

“We have been overwhelmed by the level of sales enquiries we have received to date and we are really looking forward to launching our new show apartment this summer when the apartments will be available for sale.”

Simon McCabe, managing director of Scarborough, said: “We are thrilled to be delivering this high quality, residential scheme in one of the UK’s most vibrant, cosmopolitan and progressive cities. By launching a Scarborough office in Manchester and with a development pipeline of £700m, we’ve demonstrated our commitment to deliver new homes in a dynamic city where there is strong demand for good quality housing.”

The Hat Box is being developed by Scarborough and its joint venture partners Top Spring International Holdings, a Hong Konglisted real estate developer in China, and Metro Holdings, a Singapore listed property development and investment group. Together the group has formed a JV company called Fair Briar International. 

First phase of £700m Middlewood Locks scheme in Salford includes 550 homes

First phase of £700m Middlewood Locks scheme in Salford includes 550 homes

Work could start on the 24-acre site as early as January next year

Plans for the first phase of development at Middlewood Locks have been unveiled.

They include the building of 550 homes, 29,000 sq ft of commercial space, as well as canal side footpaths and cycle ways within the 24-acre brownfield site in Salford.

Work could start as early as January 2016, according to bosses behind the scheme.

It comes after plans to build a total of around 2,000 homes at Middlewood Locks was given the go-ahead in March this year.

Commercial space including a hotel, offices, shops, restaurants and a gym also got the green light.

Ahead of a lunch party at the site this afternoon Ian Stewart, Salford’s City Mayor, said: “I am absolutely delighted to see the Scarborough Group and their partners bring this outstanding new development forward.

“This is a unique site with so much potential to deliver new homes, commercial opportunities and new jobs whilst maximising our riverside and canal assets.

Salford Mayor Ian Stewart and Lee Savage of Scarborough at Middlewood Locks yesterday

“It is one more step towards the extensive transformation of this part of the regional centre which will enable the cities of Salford and Manchester to deliver the growth necessary to meet the economic challenges we face at a national level.”

Middlewood Locks is being developed by FairBriar International, a joint venture between the McCabe family’s Scarborough Group International, Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People’s Republic of China, and Metro Holdings Limited, a Singapore-listed property development and investment group.

2,000 new homes to be developed in Salford

The site, centred around three large basins of the Manchester Bolton and Bury Canal in Salford, will include a variety of homes and sizes, available to help cater for a wide mix of occupiers.

And part of the landscaping strategy is to connect the green spaces with the canal, incorporating a woodland theme.

Last year the M.E.N. reported that the site off Oldfield Road had been the subject of a number of previous ill-fated proposals that never come off.

In 1999 planning permission for a ski centre on the site was given, but the plan was scrapped in 2002.

A proposed urban village floundered too and Scarborough bought the site from Valley and Vale Properties, acting through its administrators, for £10m in 2012.

Lee Savage, development director of Scarborough, who will also be at the launch event today, said: “Middlewood Locks will be a first-class, mixed-use community in one of the UK’s most exciting new areas. The development is situated in what will be a new business destination for the city as well as a sought-after residential neighbourhood due to its proximity to Manchester city centre, MediaCityUK and the impact of other wider regeneration activities that are taking place in the Salford area.”

Scarborough have also appointed Knight Frank, WHR and LSH as lettings agents for the commercial part of the development.

JLL has been appointed on the residential investment side.

Scarborough launches £700m Middlewood Locks development

Scarborough launches £700m Middlewood Locks development

The McCabe family’s Scarborough Group International has revealed plans for its 24-acre Middlewood Locks development, a new residential and commercial neighbourhood located at the western gateway to Manchester’s Central Business District

Middlewood Locks received planning consent in March from Salford City Council to deliver a new mixed use community of around 2,000 new homes and up to 750,000 sq ft of commercial development space.

Scarborough is now working up a detailed planning application for the first phases of the development which will comprise the development of 550 homes, some 29,000 sq ft of commercial space and extensive new public realm, in the form of canal side footpaths and cycle ways that will connect directly into the city centre. The application will be submitted in Q3 2015 with a planning decision expected in Q4 2015. This would then enable Scarborough to start on site towards the end of this year.

Scarborough has also appointed Knight Frank, WHR and LSH as lettings agents for the commercial part of the development and JLL has been appointed on the residential investment side.

Middlewood Locks is being developed by FairBriar International, a joint venture between Scarborough, Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People’s Republic of China, and Metro Holdings Limited, a Singapore-listed property development and investment group.

Lee Savage, Development Director of Scarborough, said: “Middlewood Locks will be a first-class, mixed-use community in one of the UK’s most exciting new areas. The development is situated in what will be a new business destination for the city as well as a sought-after residential neighbourhood due to its proximity to Manchester city centre, MediaCity UK and the impact of other wider regeneration activities that are taking place in the Salford area.”

Ian Stewart, Salford’s City Mayor said: “I am absolutely delighted to see the Scarborough Group and their partners bring this outstanding new development forward. This is a unique site with so much potential to deliver new homes, commercial opportunities and new jobs whilst maximising our riverside and canal assets. It is one more step towards the extensive transformation of this part of the regional centre which will enable the cities of Salford and Manchester to deliver the growth necessary to meet the economic challenges we face at a national level.”