Acre Real Estate/Manchester Life are winding down residential developments in and around Ancoats and will be focusing on Holt Town, job creation, and education.
Could the job creation and education proposals be planned for the Collar site in the future?
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Marty Edelman
“Our owner defines success as winning trophies and being a successful member of the community,” he said, during a MIPIM panel session on Tuesday.
Edelman went on to add that Acre was not walking away from its relationship with the city council anytime soon – with plans to continue to support the local authority in the large-scale Holt Town regeneration programme.
“Man Life, we hope, will continue for a long time,” he told the crowd gathered.
However, what Manchester Life looks like and focusses on in the future may not necessarily be the residential projects that have defined its existence thus far.
“When we finish the project that we’re working on in the Poland Street Area of Ancoats, we will have reached, sort-of, our first plateau,” Edelman said.
“The second plateau may involve some housing, but really we’re more focused on thinking about job creation – and when you think about job creation, we think about skills,” he continued.
“What we need to do is create educational places where young people can learn those skills that are relevant to a world in which AI is perhaps the future and the computer, in a way, is the past. I want to focus Man Life to see if we can create those spaces, which will provide opportunity for educating young people so they have a pathway to jobs.”
The completion of Manchester Life’s residential-led plans for Ancoats may be in their final phase, but the partnership between Acre Real Estate and Manchester City Council is far from finished, according to Marty Edelman.
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