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Economic Development

The Heaton Group announces 'record growth' of 65% as Preston scheme Bishopgate Gardens tops out

Further acquisitions are to be announced in the coming weeks

Bishopgate Gardens in Preston, which has topped out

A Wigan-based property firm has announced "record growth" of 65% after it topped out on its largest Preston scheme to date.

The Heaton Group also said on Wednesday it is nearing completion on two further acquisitions in the North West to support its next stage of growth.  

The 80-year-old development firm builds homes to rent, live and invest in across the North West, with nine schemes currently live and in development across Greater Manchester, Lancashire and Cheshire.  

Its flagship Preston scheme, Bishopgate Gardens, topped out this week, six months ahead of schedule.

The 130-unit development is the Heaton Group’s fourth scheme in the city and will be Preston’s first amenity-focussed residence, with roof gardens, community lounges and independent retailers all within the development.

Managing director John Heaton, said: “This year has undoubtedly challenged the whole business community but thanks to our dedicated team, both at head office and on site, we have had an unbelievable year.

Bishopgate Gardens in Preston, which has topped out

“With no sign of slowing down, next year will be our biggest to date and we’re looking forward to announcing further development plans in the coming weeks.

"Our focus is on creating quality developments in high demand areas and building a portfolio we’re proud of and Bishopgate Gardens is key to this.”