Salford council has agreed in principle to sell a plot of land at The Quays in a deal which could end a multi-million pound legal action. The council and Trafford Park based developers Stama have been locked in litigation for three years since the local authority rejected the company's plans to transform the old Crescent Police Station into smart apartments.
The developer began High Court legal proceedings seeking damages of £6.5m for alleged breach of contract. The Manchester Evening News understands the council has already spent £160,000 in legal fees.
But a deal over an empty plot at Ontario Basin close to the Premier Inn, could be a solution to the dispute. It would see two apartment blocks built on the site. One would be 107 flats and be 100 per cent affordable and Stama are currently in "advanced negotiations" with a registered private landlord for the forwarded sale of the complete block, according to a council report.
