The developer is working with 5plus Architects on proposals for a 15-storey scheme close to Property Alliance Group’s Oxygen Tower in Manchester, after a previous planning consent secured by Westward Estates Developments lapsed.
A proposed 135,000 sq ft office building on Deansgate were knocked back by Manchester City Council, while the conversion of the Rylands building on Market Street into an office-led mixed-use development was given the green light.
The developer secured forward funding from investment management firm Barings to help it build a nine-storey student housing block on Cambridge Road, Manchester.
The city council has approved the upgrade of the HSBC UK National Cycling Centre on Stuart Street, prolonging the lifespan of the 25-year-old arena and ensuring that international events continue to be staged in Manchester.
The developers of the £1.4bn Manchester mixed-use scheme are starting to scout the market for pre-lets and financing for the first commercial offering, 320,000 sq ft of offices due to start on site this year.
The listed developer, which has begun a 12-month review to cut costs, is eyeing two further regeneration opportunities in the city to expand its activities beyond the Mayfield scheme, according to its chief executive.
The developer has appointed a panel comprising Trafford Housing Trust, Great Places Housing Group and the Guinness Partnership to deliver affordable housing at the Red Bank neighbourhood, part of the 15,000-home Manchester masterplan.
The listed e-commerce firm wants to redevelop three properties on Kennedy Street into offices for beauty brand ESPA, a restaurant, and boutique hotel accommodation, as it continues its city centre hospitality investment.
Shares in Kier jumped 11% this morning as it said half-year results would be “slightly above the board’s expectations” following the impact of Covid-related cashflow measures.
Manchester City Council is proposing a 92,000 sq ft secondary school on the site of the former Showcase Cinema on Hyde Road in Gorton.
