Central Manchester will see a variety of new development projects taking place over the next few years. Read on to see what has already been approved.
Firstly, Manchester United announced in January that they are leaning towards the creation of a new stadium with a capacity for 100,000, rather than the redevelopment of the current stadium to a capacity of between 74,000 to 87,000.
The stadium’s redevelopment is eyed up by officials to kickstart a wider scheme that could see increased investment into the area.
It is hoped that the area could see at least 5,000 new homes with up to 90,000 new jobs as a result of the proposed £4.2bn project.
The Mayor of Greater Manchester, Andy Burnham hopes the Old Trafford redevelopment will launch Manchester as the global capital of football in the 21st Century.
Recognising the scale of the project, the Mayor said “These proposals offer the biggest opportunity for urban regeneration this country has seen since London 2012″.
The ambition of the project was acknowledged by the Chancellor, being the most high profile project in the North of England spoken about in Reeves recent speech aimed at promoting economic growth.
The Government has promised that no public money would be spent on the sporting elements of the redevelopment.
While potentially less headline grabbing, an equally ambitious project was announced in East Manchester recently.
Holt Town, two stops east of Piccadilly Station is currently described as “one of the most fly-tipped hotspots in east Manchester”.
The area is set to have 4,500 homes of which 20% are set to be affordable. The new neighbourhood will feature 15 acres of green space, a park along the River Medlock as well as a new lido.
Consultants, Studio Egret West have prioritised active travel for the neighbourhood. Located along the Ashton Metrolink line, an emphasis on reducing the number of cars within the neighbourhood is outlined in the consultation.
The plan has been labelled by the council as a once in a generation chance to develop a large area of brownfield land between the City Centre and the Etihad Campus.
The Leader of Manchester Council, Bev Craig previously described Holt Town as bringing “continued and sustainable economic growth for our city”, in addition to delivering the momentum to deliver our ambitions follows the successful regeneration of Ancoats and New Islington”
These large scale projects come while the wider atmosphere of development in Manchester continues apace with Deloitte’s annual Regional Crane Survey placing the number of developments being undertaken in Manchester at nearly double than in both Birmingham and Leeds.
