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Salboy and DOMIS complete £52m GDV scheme in Salford



Salboy and its dedicated construction partner, DOMIS, have announced the completion of Fifty5ive Queen Street, a 220-unit residential scheme in Salford, Greater Manchester.


The £52m GDV project — located in the city’s Greengate neighbourhood — was developed across two adjoining sites that were not considered viable for redevelopment separately: the old Copperworks on King Street and a second site on Queen Street, both of which were surrounded by historic and listed buildings.

The scheme comprises a mixture of one- and two-bedroom apartments and three-bedroom duplexes, as well as various amenities, including a cinema, a fully furnished gym, yoga studio, co-working spaces and a break-out lounge.

The development was created in partnership with Jon Matthews Architect, and is specially targeted at young professionals.

At the point of practical completion, 98% of the scheme’s homes had been reserved by buyers. 

Fifty5ive is the eighth scheme completed and delivered by Salboy and DOMIS. 

The partners are currently on site on further six developments spanning Manchester, Salford, Cornwall and Central London. 

Salboy projects completed and underway with DOMIS have an estimated combined GDV of £1bn.

Simon Ismail, co-founder and MD at Salboy, said: “Once again, the Salboy and DOMIS partnership has delivered — Fifty5ive was completed under budget and on time, and is almost entirely sold out in advance.

“It’s hugely rewarding to deliver another scheme in this important part of Salford that’s home to a lot of the city’s history and rightly deserves to be regenerated and enjoyed by people who work and make their homes there for years to come.”

Kingsley Thornton, director at DOMIS, added: “We’re proud of the collaborative work with our business partners at Salboy and Jon Matthews to find a solution that delivers a viable and exciting new development next to our flagship scheme Local Blackfriars. 

“On top of that, we delivered ahead of schedule and under budget — something that was only made possible by the hard work of our teams and partners on site.”



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