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Economic Development

Major development plans unveiled for Salford's Greengate area by Salboy after Renault dealership acquisition

'This site represents an excellent opportunity to deliver another high-quality development'

The Renault dealership on Trinity Way, Salford(Image: Google Maps)

Property developer Salboy is planning to create a new neighbourhood for Salford after acquiring a key plot of land in Greengate.

The company has secured a 52,000 sq ft site off Trinity Way, currently occupied by a Renault car dealership and its accompanying showroom and parking facilities, for an ambitious overhaul.

In recent times, Greengate has become one of Greater Manchester’s most sought-after residential locations, with both modern apartment blocks and office spaces near the city centres of Manchester and Salford.

Salboy, which has already built hundreds of homes in the area, highlighted the ongoing demand for premium housing that it aims to meet.

The company has already erected several residential structures, including the towering 26-storey Obsidian, set for completion in late 2026, and Fifty5ive, an 18-storey building. The new scheme will be Salboy's fifth project in Greengate over eight years, and the company says its total investment exceeds £185m in development value.

The company has not revealed details of its plans but has promised to uphold its ethos of fostering 'vibrant, connected communities'.

Salboy's co-founder and managing director, Simon Ismail, said: "This site represents an excellent opportunity to deliver another high-quality development that contributes to the ongoing transformation of Trinity Way."

Plans are underway for the transformation of the land, which includes assessing various building heights to ensure the scheme is in harmony with the local area.