Acquired in 2002, at present this site contains 20,900 m2 of industrial and warehouse accommodation on 5.7 hectares of land. KPI intends to redevelop the property, to create a mixed-use complex that will include residential units and, at the southern end, a new retail scheme. Master plans are being prepared in conjunction with Manchester City Council and the retail development has already been awarded planning consent. The redevelopment is targeted for completion in 2012.

Key Property Investments (KPI) is the UK-based joint venture company owned equally by Salhia and St Modwen Properties PLC.