Planning permission for the scheme, on the former Bauer Millet site off Albion Street, is already in place for a 40-storey residential tower and a 14-storey office building that will provide 240,000 sq ft Grade A commercial space.

The development, designed by Simpson Haugh, will also transform the neighbouring railway arches and create an active frontage along Great Bridgewater Street with new bars, restaurants and shops.

Ask Real Estate and Salboy have formed a joint venture partnership to deliver the ambitious Viadux project in Central Manchester.