Manchester City captain Vincent Kompany has become the latest footballer to turn his attention to property development.
The centre back has revealed plans to build 75 luxury apartments in the inner city area of Ancoats in Manchester.
The apartments will range from one bed to three beds and have a shared rooftop terrace.
Proposals for the nine-storey development also include 24,306 sq ft of office space at the 1950s former electrical works on Bengal Street.
Belgian-born Kompany has teamed up with Manchester property tycoon Nathan Ezair to form the development brand M4nchester Two, according to the Manchester Evening News.
Ezair, who is the director of property-development company Northerngroup, has a portfolio of luxury housing projects in Manchester city centre, including the Ice Plant, Flint Glass Wharf and Jactin House.
The new site will be in the Ancoats conservation area and faces south onto the grade-two listed Victoria Square tenement block.
Ezair said the latest plans are focused on creating high-end apartments with “groundbreaking” interiors.
“We want to try and do something a bit different and get away from the typical Manchester apartment look,” said Ezair. “Vincent is an active investor and everything is discussed and he is very much showing the vision of what we both want to do here.”
He added that the plans focus on shifting the heavily dominated residential scene in Ancoats by developing new office space.
“We’re conscious that Ancoats has started to become dominated by residential, and we think it’s important to get some active day-time uses into buildings,” Ezair said.
“What we are clearly not is gym operators, cinema room operators, etc. The proposed Bengal Street Scheme is superbly located within the heart of a great international city.”
“City centre amenities are on the doorstep for all Ancoats residents, so we made a conscious decision to stick to doing what we are best at and allow our residents to go out of their homes and discover the city and all it has to offer.”
Kompany is the latest sports star to step into the property development business.
Earlier this year, former Manchester United star Gary Neville revealed plans for a dramatic skyscraper in Manchester city centre, which was approved by the town hall.
The £200 million St Michael’s development will see a luxury five star hotel and apartments, in a tower reaching more than 30 storeys, built off Deansgate on Jackson’s Row. There will also be new office space in the former Bootle Street police station, a new synagogue and a rooftop terrace.
In June, meanwhile, cricket legend Andrew Flintoff released plans for a 35-storey skyscraper in Castlefield, housing 159 upmarket flats.
Flintoff is also said to be bringing forward another two sites at Mayfield as part of developer U+I’s £800 million regeneration of the area.
And in London, Neville’s former teammate Rio Ferdinand is collaborating with ex-West Ham striker Bobby Zamora and current West Ham midfielder Mark Noble on a new, socially motivated development programme called the Legacy Foundation.
DMZ is intrigued to see yet another sports star shift their focus to property development. We think Kompany is in safe hands thanks to his tie-up with Ezair, who lives and breathes Manchester’s property scene.