The Exchange is a brand new, off-plan development, ideally located in Preston city centre. Comprising of 200 stylish apartments, The Exchange will deliver a new standard of premium modern living to the local rental market, right in the heart of the city’s newest emerging neighbourhood.
Residents will benefit from a host of on-site amenities, including a gym, concierge and secure bicycle storage, making this a luxury development which will appeal to young professional renters.
Preston has been on an upward trajectory since it was granted city status in 2002. Now the third-largest city in the North West, it continues to go from strength-to-strength.
Thanks to a package of private and public sector deals, the city is experiencing a ‘once-in-a-lifetime transformation’ that’s set to level-up its social and business infrastructure with a total forecasted growth of £1bn over the next decade.
Preston is home to the highest number of registered enterprises in Lancashire (5,165) and continues to attract new talent every year, including many from the University of Central Lancashire and beyond looking to put down permanent roots.
Last year, rents in Preston rose by 4%, almost double the national average. (Zoopla, 2019)
Preston’s commuter footprint grew by almost 70,000 people from 2001 to 2011 and is continuing to accelerate. (Preston Council, 2019)