One Port Street, a landmark residence under construction in Manchester, has sold £105 million-worth of apartments since its global launch, surpassing developer Select Property’s expectations for demand.
The leading property developer launched One Port Street in January this year. The development, located in the city’s iconic Northern Quarter, will deliver 477 premium apartments when construction completes in Q4 2025.
Selling over £105 million-worth of apartments represents two of the residence’s buildings now being sold out.
One Port Street will be the first development in Select Property’s flagship residential brand the ‘Prestige Collection’, which centres around luxury amenities and resident experience. Apartments range from one-bedroom to three-bedrooms.
Select Property expects the development to create at least 59 jobs and an estimated economic impact of £29.07 million to the city once completed.
Adam Price, CEO of Select Property, said: “Apartments at One Port Street are selling at a remarkable pace. Global demand has been strong, with a high number of UK lifestyle buyers investing and taking interest in the residence.
“We expect to see continued momentum from UK buyers as cautious optimism in the economy grows.
“One Port Street is benefiting from broader confidence in Manchester as a sound city to live and invest in, while more people are seeking truly premium living accommodation in the centre of the UK’s regional cities.
“Buyers also value our experience managing buildings in Manchester with Affinity Living, and are assured that One Port Street will be managed by Select Property’s own team.
“Ultimately, hitting over £105 million in sales so soon is testament to the calibre of the premium proposition that we’re bringing to market.”
One Port Street aims to redefine city centre living by providing the amenities of a luxury hotel, giving residents the opportunity to socialise in any of the extensive communal areas, or allowing the privacy to enjoy the surroundings alone.
A grand lobby will be reminiscent of a hotel, centred around a 360° firepit with concierge service, ensuring a warm welcome for all. There will also be a 2,000 sq ft leisure suite featuring a private swimming pool and spa pool, a state-of-the-art gym and separate fitness studio. Residents can also enjoy a 7th floor rooftop terrace and a lounge overlooking the city, with casual space for working, relaxing and socialising.
Significant planting at the development will also create over 22,000 sq ft of public green space, helping to integrate communities and to create a better connection between the Northern Quarter, Ancoats and Piccadilly - as well as promoting greener travel with EV charging points and cycle storage.
One Port Street’s Northern Quarter location is known globally for its street art, eclectic food scene and support for local businesses, it was recently named by TimeOut as one of the ‘World’s Coolest Neighbourhoods 2022’. One Port Street also neighbours the popular area of Ancoats – named ‘Foodie Neighbourhood of the Year 2022’ – and is just a short walk to Manchester Piccadilly station and the popular Arndale shopping centre.
For more information, visit https://oneportst-manchester.com/
