LEXSTARproject
Well-Known Member
- Joined
- 26 Sep 2022
- Messages
- 990
Who are they though? for the club to buy and develop them would be a huge outlay and risk and could any income even be included in our accounts, the fact no other property developers seem to want to take that risk suggests it isn’t the best idea to me.![]()
Grid wins planning for controversial Oval gasholder project
TV cricket backdrop to change dramaticallywww.building.co.uk
Imagine if they developed that whole area flats, shops, bars and offices etc
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Different type near City, a bit like Oscar said, there is no point having an ugly folly.

Going to busy summer around the stadiumMarch 2022.
132850/DEM/2022 | Demolition of gasholder and associated redundant infrastructure and associated restoration of site. | Former Saxon Street Gasworks Saxon Street Manchester
OUTLINE SUMMARY / DEMOLITION METHODOLOGY
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Full Planning Application.
They look beautiful, but it's Kings Cross on the Regent Canal (2 bed rents at £4.5/£5.5pm, 1 bed sells for £1.25M) not Miles Platting looking down Briscoe Lane and Phillips Park Cemetery. ROI will be a little more challengingWhy?
This is what they did in King's Cross, London.
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Haha !! Exactly !!!They look beautiful, but it's Kings Cross on the Regent Canal (2 bed rents at £4.5/£5.5pm, 1 bed sells for £1.25M) not Miles Platting looking down Briscoe Lane and Phillips Park Cemetery. ROI will be a little more challenging
It's the same with some of the design suggestions for the campus?Haha !! Exactly !!!
I find it bizarre that some people on here keep on comparing it to developments in London when it’s apples and pears.
Abu Dhabi have invested hundreds of millions into East Manchester property via Manchester Life. I think they have an idea what they are doing and not have to rely on pie in sky ideas that worked well in central London.
ROI won't be a challenge, anywhere near a challenge.They look beautiful, but it's Kings Cross on the Regent Canal (2 bed rents at £4.5/£5.5pm, 1 bed sells for £1.25M) not Miles Platting looking down Briscoe Lane and Phillips Park Cemetery. ROI will be a little more challenging
Viability on flats with excessive abnormals, including taking down a corroded iron frame and reconstructing it around the flats, fettering the size of the site too, will be a challenge.ROI won't be a challenge, anywhere near a challenge.
The weird upsloping roof in the current stadium can’t even keep the first 20 rows dry as it isIt's the same with some of the design suggestions for the campus?
I would love nothing more than some of the edgy proposals, but the Club also has to factor in the Manchester weather and local area.
Madrid and such as Abu Dhabi can rely on sunshine and certainly won't have the issues of potholes and puddles accumulating throughout a season.
All of the above is true. A lot of schemes that were viable only 6 mths ago are looking borderline at best. Development funding is a nightmare atm, as funders are very picky and extremely nervous on the future direction of yields, cost inflation, material supply lines and workforce availability.Viability on flats with excessive abnormals, including taking down a corroded iron frame and reconstructing it around the flats, fettering the size of the site too, will be a challenge.
Build cost inflation is still excessive but the expected GDVs are decreasing. Also finance is more costly too, and construction is always hit first in a recession.
If the viability was good it would have gone ahead. It is just about numbers.
People come from all over the world to sample the famous Manchester rain, always thought they were the most expensive seat's due to their prime location.The weird upsloping roof in the current stadium can’t even keep the first 20 rows dry as it is