Middlewood Locks comprises four separate buildings of up to 10 storeys — connected by podium gardens — providing 546 apartments.
Some 94% of the homes have been sold in the first two phases of the project and a mix of tenures are available, including rental with Get Living, Help to Buy and open market sale.
The whole of phase two was sold in January last year as part of a £180m deal with a joint venture of Delancey Oxford Residential (DOOR), APG and Qatari Diar.
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Architects Whittam Cox and landscape architects Planit designed the development, which also includes ground-level parking and landscape gardens.
“The development of Middlewood Locks has created new employment and provides much-needed housing in the area,” said Paul Dennett, mayor of Salford City.
Kevin McCabe, chairman at Scarborough, added: “Middlewood Locks is a major undertaking for us, and I am pleased to say greatly supports the regional economy with strong job creation and, ultimately, much-needed new homes in the city.”