All Saints Living has acquired a former industrial site next to the railway station and plans to build a six-storey complex with 284 apartments for private rent
The ground floor comprises undercroft parking for 256 cars, retail space fronting on to Winwick Street and a small number of residential units facing onto John Street. The upper five floors contain the majority of the flats.
The foyer will face onto a new station square that is being developed as part of the wider Warrington regeneration.
All Saints Living is a division of the Newcastle-upon-Tyne property investor High Street Group. It also has a similar £40m project in Newcastle (162 apartments over 26 storeys) and a £35m redevelopment of a former office block in Milton Keynes (149 apartments).
The company also has its own construction arm, All Saints Construction, incorporated in 2015.
Gary Forrest, founder and chairman of High Street Group, said: “As the build to rent, or private rented sector, continues to grow due to demand for homes outstripping supply, we have taken this opportunity to develop these much needed homes. These are all exciting projects which we feel will enhance the towns and cities in which they are developed and I would like to thank all our partners for working so hard to help us make them possible.”