Salford’s £70m Residence tower has been placed into administration by its developer Elliot Group.
Developer behind Salford's stalled £70m twin towers to inject over £1.8m to finish project after arrest
28.02.2020 - 02:41 / manchestereveningnews.co.uk
The property developer behind the stalled luxury £70m twin towers has told investors he will inject his own funds - including £1.84m - "immediately" in a bid to finish it.
But Elliot Lawless, owner of the Elliot Group, behind the scheme, says investors will need to support his investment to see it to completion.
He also said another developer - Vermont Construction - will take over The Residence scheme to see it to completion.
BusinessLive has now seen a letter written by Mr Lawless to all
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