Manchester1894
Well-Known Member
- Joined
- 14 Aug 2007
- Messages
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Hmmm.
Interesting if true?
Around the stadium? A bit vague.
No mention of the leisure destination on the Collar site!
They must have a good and reliable source to put that information into the public domain.
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North West Commercial Property News - Monday, September 14, 2015
Issue #72
The chosen one
North West News
Manchester is the chosen one to lead the northern renaissance and create an economic powerhouse.
In the usual cynical approach to such grand visions, there are many sceptics but the government has now chosen Mancunian Jim O’Neill to lead the charge.
An ideal appointment, with his vast international experience through Goldman Sachs, O’Neill (soon to be Lord O'Neill) has a willing audience for the effort and a well established business community to work with.
Apart from the substantial success of Peel’s MediaCity in Salford Quays which has given the city world class media facilities, the high profile improvement in Manchester is pumping life into central residential development, some of which will be high rise.
According to JLL, plans are in the pipeline for 12 towers containing 4,450 homes in a city which is due to grow by 20% over the next 20 years. At the moment over 2,300 residential units are under construction in Manchester. It has become a profitable business with prices rising to a top of £425 a sq.ft.
The commercial market underpins this optimism with strong take up and new development, one of which is a plan for a 92,900 sq.metres (1 million sq.ft.) office campus in a redevelopment area around Manchester City Football Club’s Etihad stadium.
The scheme is being worked on by the city council and football club owners, Abu Dhabi United Group.
As part of the scheme a large amount of ageing industrial stock will be refurbished. As elsewhere in Manchester the arrival of a new Metrolink station will help the scheme. There are now seven Metrolink lines with 92 stations and more to come.
Such are the attractions of Manchester that IP Global predicts it is the front runner for domestic and international investors and will compete with London as prices are predicted to rise by 22.2% in the next three years. This is helped by 65 of the FTSE 100 top listed companies having offices in the city and the commitment of the government to invest £7 billion there is part of the creation of the northern powerhouse.
Chris Mulcahy Director at JLL in Manchester commented “Manchester has consistently outperformed the other major regional cities in terms of office takeup activity. Coupling the activity in Manchester with the northern powerhouse plan and improved connectivity across the region pledged as part of the Northern Transport Strategy, the city’s market will continue to strengthen significantly if the UK and world economies hold up”.
http://www.compropregister.com/Office_Industrial_and_Commercial_Property_News_in_The_North_West
The remediation site is 17 acres next to the East Stand. 92900 sq.m is about 22 acres according to my converter. So It suggests it's not the land immediately there. I wonder if it's somewhere like here:
https://www.google.co.uk/maps/@53.4...MO2Y8wF8Qx3dcyRMPA!2e0!7i13312!8i6656!6m1!1e1