Greater Manchester’s property sector is booming. Manchester has been named one of Europe’s fastest growing cities and demand for new property in and around the city has never been more evident.
The surge in construction projects has seen Greater Manchester cement itself as a thriving global destination. With 11,000 residential units under construction across 41 developments in Manchester – a massive increase of 60% on 2017, it’s clear to see the city’s property market is growing rapidly.
Gary Neville and Ryan Giggs ’ £200m St Michael’s development in Manchester city centre has been given the full green light.
A consortium of investors including the Manchester United legends has been told the government will not review or ‘call in’ the council's decision to approve the application.
It is the final legal planning hurdle scaled for the footballers-turned-developers in what has been a controversial saga.
Neville, on behalf of the St Michael’s Partnership behind the skyscraper hotel proposals, said he was ‘delighted’ at the development.
Giggs, the newly-appointed Wales manager, added: “I genuinely believe that St Michael’s is a truly brilliant scheme and will add to the quality of buildings currently on offer and improve the most central part of Manchester – a city that I love. It’s now about the hard work starting so St Michael’s can be enjoyed by people who both live in and visit our wonderful city.”
The partnership said the development off Deansgate on Jackson’s Row was expected to contribute more than £80m in gross value added to the local economy and £147m in government tax revenues over 10 years.
The £200 million historic Angel Meadows development is an upcoming residential development compromising of 754 homes across four buildings bordering the stunning Angel Meadow Park.
It forms part of the city centre’s NOMA neighbourhood, which is extending the city centre northwards with a mix of commercial and residential developments. Angel Meadow is providing an amazing opportunity to create a residential space around the fringes of Angel Meadow park, the tallest building rising to 40 stories which will totally change Manchester’s skyline.
Building work has begun and the first homes are expected to be complete in 2019.
Moving out of the city centre, we’re really excited with the current regeneration taking place in Bolton.
Church Wharf is the latest project announced which is set to totally transform Bolton. The site, located in Greater Manchester, is set to be fully rejuvenated with hundreds of new homes in the town centre site, as well as a new link road which is set to dramatically reduce congestion around the Bolton area.
Ambitions for Church Wharf include creating a distinctive neighbourhood that brings together hundreds of new homes all woven together by high quality new public spaces. Muse Developments have been appointed to lead on this amazing regeneration project and we cannot wait for it to get started.
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07.15 - PRE EVENT BREAKFAST AND NETWORKING
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