£154m construction project resumes weeks after Carillion collapse
Work on the £154m Angel Gardens build-to-rent development in Manchester is back on track following the collapse of Carillion a month ago.
The scheme is one of developer Moda’s £1.7bn pipeline of 6,000 rented homes in core cities across the UK, with projects ongoing in Manchester, Liverpool, Leeds, Birmingham, Edinburgh and Glasgow.
Angel Gardens was underway within two weeks of the Carillion liquidation after Moda engaged sister company Caddick Construction to take over the construction project from the failed giant.
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