The transformation of Middlewood Locks in Salford has been boosted by a £30 million loan. The cash injection is coming from Homes England, the Government's housing and regeneration agency.
The agreement with Middlewood Locks KLM - a partnership between Scarborough Group International and its joint-venture partners Metro Holdings and Hualing Group - will see 189 new homes built as the third phase of the 25-acre brownfield site.
Middlewood Locks is being created over a number of phases. Once complete, it will deliver more than 2,000 homes, 900,000 sq ft of commercial space, including a hotel and leisure amenities set in a canal-side environment with 4.5 acres of public realm and event space.
