Manchester Place and The Co-op have the consortium to develop sites close to Victoria Station including more than 600 new homes spread across four sites covering almost one acre and including a new tower.

The regeneration of the Angel Meadow park marks the first phase of the Northern Gateway; land running from Victoria station north taking in New Cross, The Irk Valley and Collyhurst.

The sites have been identified as having potential for more than 7,000 new homes and corresponding social infrastructure.

In total, Noma covers 8 ha in Manchester city centre, with homes, offices, hotels, retail and leisure space to be built.

Noma is being delivered by The Co-op and Hermes Investment Management joint venture.

FEC has delivered projects in Australia, New Zealand, Malaysia and Singapore as well as mainland China and Hong Kong.

It recently won planning consent for Alpha Square in London, a scheme with 700 apartments, a new school and new health hub and hotel.

Far East Consortium managing director Chris Hoong said: “We have assembled a team with the skills to deliver a new neighbourhood of international calibre and we would like this to be the start of a long relationship with the city.

“We have the knowledge and expertise to develop and deliver multi-billion mixed-use landmark schemes and we believe Angel Meadow will be another successful addition to our international portfolio.”

David Pringle, director of Noma at The Co-op, said: “With Moda Living’s Angel Gardens scheme also on site this year, Noma will be providing an outstanding residential offer that supports our plans already underway to create a truly mixed use neighbourhood.”