itsnevereasy
Well-Known Member
Mandy’s latest Instagram story....
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Etihad Campus, Stadium and Collar Site Development Thread
- Thread starter Danamy
- Start date
Mandy’s latest Instagram story....
Mandy ? What story what going on ?
Man City owner and council plot retail park transformation
Richard Frost6 Sep 2017
Man City owner and council plot retail park transformation
Central Retail Park
A privately-owned retail park in Manchester city centre looks set to be snapped up by the council in a deal that could pave the way for the prominent site to be transformed in partnership with Manchester City's owner, Insider can reveal.
A report recommending that Manchester City Council should approve a proposed bid to acquire Central Retail Park from current owner TH Real Estate is due to go before the local authority's executive on 13 September 2017. It is also requesting the go-ahead to establish a partnership-type arrangement with Manchester City owner Abu Dhabi United Group (ADUG) in relation to the future master-planning, use and redevelopment proposals for the site.
Central Retail Park, which is located to the north of the city centre, is a 10.5-acre site fronting Great Ancoats Street between the Rochdale Canal and Old Mill Street in New Islington. It overlooks Manchester's popular Northern Quarter area.
The report said that Central Retail Park has been an established retail destination in the city since the late 1980s but has experienced a "notable decline" in recent years. After weighing up several development options over the years, TH Real Estate has now concluded that it wishes to dispose of its interest in the site.
The report added: "The site has considerable redevelopment potential and should be positioned as a key gateway into the Ancoats and New Islington neighbourhood. It is the site within the Great Ancoats Street corridor that can make the greatest difference and material improvement to the urban environment within that corridor.
"It provides a major opportunity that must be grasped."
Manchester City Council already holds the freehold to the site which is subject to a 200-year lease originally granted to Peel Investments, with 170 years unexpired.
According to the report, the Central Retail Park site "offers the potential to expand the delivery of residential and associated mixed-use development to ensure this part of the city continues to become an established neighbourhood of choice for those individuals and families who wish to live and work in the city". It is the council's intention to bring forward a new development framework for the site by mid-2018 which would seek to promote:
A comprehensive, planned redevelopment of the entire site,
The creation of a new, high-quality predominantly residential-led mixed-use neighbourhood,
High-quality design that promotes low-carbon outcomes and, in terms of residential development, provides for a housing offer that broadens and deepens the existing city centre offer,
Increased permeability through the site via the creation of high-quality dedicated pedestrian routes from north to south, and
Enhanced public realm and landscaping.
Following approval of this development framework, it is then proposed that the onward regeneration of the site would be brought forward in partnership with ADUG and/or other development and investment partners.
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worsleyweb
Guest
Interesting!
The report that's going before the Executive can be downloaded here (it's numbered item 15 under the heading 'Reports'): http://www.manchester.gov.uk/meetings/meeting/2992/executive
EDIT - No time to read it at the moment, but will do later. In the meantime, if anyone has a look and sees anything interesting, please share.
EDIT - No time to read it at the moment, but will do later. In the meantime, if anyone has a look and sees anything interesting, please share.
lancs blue
Well-Known Member
Yet more evidence that our owners are bored and are about to piss off into the sunset...
Central Retail Park has been looking down at heel for a good few years now and doesn't seem to fit in with the ongoing regeneration around it so this should be more good news for the area.
Central Retail Park has been looking down at heel for a good few years now and doesn't seem to fit in with the ongoing regeneration around it so this should be more good news for the area.
sugga_d
Well-Known Member
That could be a great half way house on match day if they included bars and restaurants. one major problem with the stadium at the moment is that there is nowhere close that provides decent food/drink. Splits up the walk back to the city centre.
Grand plan innit...
They are now behind a corridor of projects from Ancoats (Murray Mills) through New Islington (Manchester Life) this Retail Park news, parts (if not all?) of Holt Town and onto the Etihad campus. All those residents...and a potential world class leisure destination on their doorstep (alongside an expanded football stadium and all the rumoured new sports facilities).
The retail park has been a barely breathing relic for far too long, I'm hoping something special is planned here (some of the stuff Vinoly has produced for Manchester Life isn't particularly inspiring).
They are now behind a corridor of projects from Ancoats (Murray Mills) through New Islington (Manchester Life) this Retail Park news, parts (if not all?) of Holt Town and onto the Etihad campus. All those residents...and a potential world class leisure destination on their doorstep (alongside an expanded football stadium and all the rumoured new sports facilities).
The retail park has been a barely breathing relic for far too long, I'm hoping something special is planned here (some of the stuff Vinoly has produced for Manchester Life isn't particularly inspiring).
nmc
Well-Known Member
I thought there was a Sainsbury's and a cinema planned for that site? Obviously fell through. Loads of potential for residential development there in addition to retail.