Michigan Towers, Salford
development Loan
London Wall has provided £69m loan for the ground up development of 394 residential units over 34 floors tower with amenities and commercial units in Salford. The scheme is due to complete in October 2026.
- Location: Michigan Towers, Michigan Avenue, Salford, Greater Manchester
- Loan amount: £69m
- Type: Residential Development
- Term: 36 months
- LTGDV: 70%.
Key ESG considerations: Bright & spacious units with EPC rating B. Amenities will include on-site residents’ gym, cycle store for 100 spaces, landscaped gardens and waterside views. S106 contribution – £1.2m, 950 construction jobs generated.
