Built Environment Networking Blog: North West News

£40 million Levelling Up funding to deliver new Multiversity

£40m funding has been confirmed to deliver new Multiversity education campus in Blackpool! Blackpool Council, supported by Wyre Council, will receive the funding to deliver a new Multiversity, a carbon-neutral, education campus in Blackpool’s Talbot Gateway Central Business District. New images show the scale of the landmark development, which will allow Blackpool and the Fylde […]

Posted by: Mya Driver

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£40m of funding for Salford development agreed

Voltaire Financial has orchestrated a £40m loan from ICG Real Estate to finance Legacie Developments’ development in Salford. The £85m GDV Embankment Exchange scheme will consist of two towers and will consist of 303 residential apartments. It is being promoted by the international sales agent, RWinvest, which has successfully pre-sold 80% of the new homes […]

Posted by: Mya Driver

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£65 million forward funding secured for Manchester student asset

McLaren Property has secured a £65 million forward funding deal, alongside Barings for a student property in Manchester. The deal will help fund the development of St Gabriel’s Hall, a part-new-build student accommodation space. St Gabriel’s Hall has already secured planning permission for 319 rooms, totalling 104,259 sq ft, with an extra 5,005 sq ft […]

Posted by: Mya Driver

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£75m Lancashire Police HQ rebuild plans submitted

Major redevelopment for Saunders Lane in Hutton, Preston. Divided into three redevelopment phases, the project will cost approximately £75m and take up to five years. Facilities scattered across the 40-acre site will be demolished so new buildings can be built to create a modern new police area. A great deal of the current HQ has […]

Posted by: Mya Driver

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11-PBSA units totalling 4,500 beds sold in £306m deal

Unite Students has disposed of an 11-strong property portfolio – comprising 4,488 beds – for £306m, with the company’s share sitting at £236m. The deal – struck with an affiliate of Lone Star Funds – includes assets in Sheffield (1,700 beds), Reading (703 beds), Leicester (665 beds), Bedford (517 beds), Liverpool (390 beds), Birmingham (337 beds), […]

Posted by: Mya Driver

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3000 acre property for sale in Cumbria

Mitchell’s Land Agency is selling a property that extends to 3,000 acres and rises to 931m on the summit of Skiddaw one of the Lake District’s most visually pleasing fells. Skiddaw House, the most Secluded House in England rests 1,500 feet above sea level, on the back of spectacular Skiddaw. “As one of the oldest established […]

Posted by: Mya Driver

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40 Homes planned for Whitehaven

The housing association Home Group plans to build 28 bungalows and 12 two-bedroom houses at affordable rents. Home Group has sent the plans to Copeland Council for the project at land off Fell View Avenue and Windermere Road. The scheme promises 24 two-bedroom bungalows, four three-bedroom bungalows and 12 two-bedroom houses. According to a spokesperson: […]

Posted by: Mya Driver

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400 homes plan prepared by Tameside

Tameside is making plans for over 400 homes and commercial accommodation in Stalybridge. The ‘Stalybridge West opportunity’ will be discussed by the council’s Place and External Relations Scrutiny panel’. A total of £130,000 GM Evergreen Surplus funding has been landed by the council to undertake development studies on eight sites in Stalybridge West. A “regeneration […]

Posted by: Mya Driver

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A £250 million water park to be built in Manchester

The UK’s ‘first city-based wellbeing resort’, a £250 million water park boasting thermal bathing and botanical gardens is set to launch in the city’s Trafford Centre.  The park, called Therme Manchester, will be the size of 19 football pitches (around 28 acres), and will feature an ‘immersive experience’, with ‘digital art, an on-site urban farm […]

Posted by: Mya Driver

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Accrue Capital secures M7 Capital loan to refinance two assets

M7 Capital, a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £4 million loan to Accrue (Forum) LLP. The Sponsor (Accrue Capital) is a property investment, development, and asset management business with experience across all real estate sectors. The company invests its own […]

Posted by: Mya Driver

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