Manchester City Council has appointed CBRE to market a 2.75 acre development site on the edge of Manchester City Centre. CBRE’s UK Development and Residential team is seeking proposals for the delivery of a highly sustainable development that complements and enhances the local area.
The opportunity is within the urban area of Hulme, which has seen substantial inward investment since the 1980s. Sitting adjacent to the A5103 Princess Road, the site has direct access to Manchester City Centre and M60 motorway. It also benefits from public transport connectivity, with Cornbrook Metrolink stop, Manchester Oxford Road and Deansgate railway stations all approximately 1 mile from the site with several bus stops in the immediate vicinity.
The surrounding area comprises a mix of uses including mid- and low- rise residential properties, education facilities, offices and retail amenity. Furthermore, there are 15 primary and secondary schools within a 1-mile radius, including the renowned Loreto College.
Kieran McLaughlin, Senior Director in CBRE’s UK Development & Residential team, said:
“CBRE is delighted to be acting on behalf of Manchester City Council to bring forward this exciting development opportunity at the edge of Manchester City Centre. We are anticipating strong market interest from developers looking to capitalise on the ongoing regeneration of Hulme, an area home to many of the city’s families and young professionals. This opportunity is available on a long-leasehold basis and subject to planning offers are invited for 13:00 Wednesday 30th July.”
Cllr Gavin White, Manchester City Council’s executive member for housing and development, said:
“This is a great opportunity to bring forward a quality residential-led regeneration programme – including a range of social and genuinely affordable housing – in a popular part of Manchester, close to the city centre. The development of the site should have community at its heart, so alongside residential accommodation we want to see great public space and commercial opportunities as well. We look forward to seeing ambitious proposals to bring the potential of this site to reality, creating a highly sustainable development of renown that will complement and enhance the Hulme neighbourhood.”
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