MANOR TO LEAD MANCHESTER REGENERATION REVIVAL
£36-MILLION PROJECT WILL SPEARHEAD HULME REDEVELOPMENT IN 2010
- Carey Jones' design landmark mixed use student block to kick-start South Manchester regeneration project
Manor Property Group has completed the acquisition of land in Coupland Street, South Manchester for a £36-million investment which will signify the start of regeneration around the planned new 'community campus' in Birley Fields in Hulme.
The 'Manor Point – Manchester' design has been developed over the last few months in consultation with Manchester City Council and The Corridor Partnership. The 8 storey development will house 672 student apartments, retail and office space, close to the main university campuses and the city’s science park. The new facility is projected to be completed in 2012, subject to planning permission.
A 'landmark' design has been developed by Carey Jones, the first for Manor from the architect’s new Manchester office
The new Birley Fields campus proposals have been undergoing extensive consultation with 80% of respondents agreeing that the plans would have a positive impact on the area. The new campus will create up to 340 jobs and pump an estimated £29.2 million into the local economy.
John Broadbent of property consultants Guest Garsden said: “Manor has worked tirelessly in recent months with the Council and the local regeneration partnership to design a symbolic landmark development which will sit within the heart of the Southern Gateway Area of Manchester.
"The Manor Point – Manchester development represents a major boost to the regeneration of the area, which has stalled during the recession. Manor's significant investment demonstrates great faith in the area's potential and they should be congratulated for making this bold move to revitalise this groundbreaking regeneration initiative."
"This is an exciting and innovative project, which we consider will be well received by the market and well placed upon completion in 2012," added Mr. Broadbent.
Philip Akrill on behalf of Manor said: “We have worked closely with the local authority and other partners to develop an innovative response to the rising demand for student accommodation. We have to look to the future and I am confident we can help to reinvigorate the regeneration of this part of south Manchester by pushing ahead in 2010 with this mixed use development."
Manor's agent for the project is JYM Partnership which believes the development will make a huge impact on the regeneration in this area of Manchester. Philip Young of JYM said: "It is ideally located to serve the developing University campus and Carey Jones have produced an exciting scheme that enhances the area whilst also creating a well designed residential haven within minutes walk of the main University campus. This will be a big boost for Hulme’s regeneration aspirations as we enter 2010."