Manchester’s Derelict Viaduct Set for £200 Million Revival with New Business and Leisure Hub Feb 23, 2024 The Arch Company has received approval to transform disused spaces beneath Manchester’s viaduct on Corporation Street into a vibrant hub for restaurants, shops, and businesses. This initiative is a crucial part of their ambitious £200 million Project 1,000, aiming to repurpose a thousand underutilized or abandoned units across England and Wales by 2030. The project […] Posted by: Mya Driver Read more
Manchester United: Sir Jim Ratcliffe Champions Northern National Stadium Feb 22, 2024 Manchester United’s new co-owner, Sir Jim Ratcliffe, has revealed plans to potentially construct a new stadium for the club, aiming to revitalise the north of England’s sporting landscape. The current home of the Red Devils, Old Trafford, with a capacity of 74,310, has been their base since 1910. However, Ratcliffe points out that the stadium […] Posted by: Mya Driver Read more
Whitbread to Enhance Manchester’s Hotel Scene with New Premier Inn Development Feb 20, 2024 Whitbread PLC, the powerhouse behind the Premier Inn brand, has secured a new development site on the fringe of Manchester’s vibrant Northern Quarter. The site, acquired from Premcor on Rochdale Road, boasts planning permission for a striking 229-bedroom hotel. This move aligns with Whitbread’s ambitious plan to refine its portfolio of Manchester city centre hotels. […] Posted by: Mya Driver Read more
Revealed: The 20 English Towns and Cities to get 11,500 New Homes Feb 14, 2024 The government has announced the 20 towns and cities poised to benefit from the construction of 11,500 new homes. This initiative aims to provide a substantial boost to housing availability, targeting previously developed brownfield sites to accommodate this significant increase. The strategy not only seeks to make home ownership more attainable for younger buyers but […] Posted by: Mya Driver Read more
Radical Redevelopment Set to Revitalise Hyde Town Centre Feb 12, 2024 Hyde’s Clarendon Square Shopping Centre is at the heart of an ambitious masterplan aiming for a complete overhaul, which could see the centre demolished and rebuilt alongside a relocation of its markets. This extensive redevelopment proposal for the Tameside town, set to be discussed by the council’s executive cabinet, envisions a transformative approach to revitalise […] Posted by: Mya Driver Read more
Warehouse REIT Sells Two Industrial Assets for £13.4 Million, Exceeding Expectations Feb 12, 2024 Warehouse REIT, known for its investment in multi-let industrial warehouses, has successfully completed the sale of two properties, achieving a total of £13.4 million. This sum surpasses the assets’ book value as of September 2023 by 3.7%, with the sales reflecting an average net initial yield of 5.3%. The properties sold include the Warrington South […] Posted by: Mya Driver Read more
Logicor secures planning for major redevelopment in the North West Feb 7, 2024 Logicor, a leading owner, manager and developer of European real estate has reached a significant milestone in its UK redevelopment programme as planning is secured for a 330,000 sq ft, highly sustainable warehouse in the North West. The site at Little Hulton was the previous base for retailer Littlewoods, and once completed, will be known […] Posted by: Mya Driver Read more
Landmark £100m+ Prestwich Village regeneration plans submitted Feb 7, 2024 Plans to transform the centre of Prestwich Village into a thriving heart of the community have been submitted to Bury Council. Prestwich Regeneration LLP – the joint venture between nationwide placemaker Muse and Bury Council – has lodged a planning application for the £100m+ regeneration of the Longfield Centre site. The ambitious plans are set […] Posted by: Mya Driver Read more
Development Opportunity? Blackburn’s £250 Million Masterplan Feb 6, 2024 In a substantial shift towards urban renewal, Blackburn is on the brink of a transformative phase with the unveiling of a £250 million masterplan. This significant redevelopment is part of the ambitious Blackburn Town Centre Masterplan, which was introduced in December 2021 to revitalise the heart of the town. The scheme is not just about […] Posted by: Mya Driver Read more
Carlyle provides £115 million development loan for Round Hill Capital’s 488-unit Manchester BTR scheme Feb 6, 2024 Global investment firm Carlyle’s (NASDAQ: CG) Global Credit platform has provided Round Hill Capital, a leading global specialist real estate investor, developer and manager, with a £115 million development loan to fund the construction of Fairfax, a 488-unit luxury build-to-rent (“BTR”) scheme in Manchester, UK. It represents the first transaction between the two parties. The […] Posted by: Mya Driver Read more
