The developers of Canal Point describe it as, "... a £20 million development on the banks of the Rochdale Canal and overlooking Manchester’s newest marina at Cotton Field Park in New Islington. It comprises of 104 apartments and 13 houses and will be built in 4 phases. Phase 1 is sold out and Phase 2 is launched on Friday 14th February 2014. Put simply it is where style and luxury meet at an affordable price."