The combined spending power of Greater Manchester's ageing population is increasing by £280m a year, providing an untapped opportunity to boost the City Region's high streets, according to a report from the International Longevity Centre.
Bardsley Construction collapsed in December owing £45m to creditors, according to the administrators' report, and negotiations are still ongoing with developer clients over the payment of fees on prominent sites.
The story of a proposed development in Manchester’s Northern Quarter has taken another turn with developer, Real Estate Investment Partnerships, submitting an application for the demolition of listed buildings on Thomas Street.
Castlebrooke Investments has submitted plans for the refurbishment and expansion of the grade two-listed tower which would add 94,000 sq ft to the 620,000 sq ft building and release a significant volume of offices to the Manchester market.
The Mayfield Partnership’s plans for the first phase of the £1.4bn regeneration of Mayfield Depot was approved unanimously at Manchester City Council’s planning committee, with councillors especially commending the developers for the proposed creation of a 6.5-acre park.