Manchester to review 10-year city vision

The founder of Tokyo Industries, which acquired the leases of two popular Manchester venues that would have closed, told Place North West the live music industry will survive because there is no replacement for it, but urged the Government to support the sector following Covid-19. 

The co-working firm has ditched plans to lease the entire 51,000 sq ft Mosley Street office block under development in Manchester, following talks with the building's owner Boultbee Brooks Real Estate.

The city council has included more than 60 priority projects in a huge pitch for Government funding, with council leader Sir Richard Leese calling on Whitehall to increase the budget that Boris Johnson set last week. 

Manchester City Council is pulling together a bid for financial support from Whitehall to help it progress key regeneration schemes including the £1.4bn Mayfield and the £1bn Northern Gateway.

The struggling shopping centre owner has appointed KMPG as administrator after it said talks with creditors had reached "insufficient alignment and agreement".

After months of uncertainty, Boris Johnson yesterday confirmed an end to the sector’s enforced “hibernation” by announcing bars, restaurants and hotels can reopen from 4 July, but hospitality professionals are wary despite this positive step. 

Manchester needs to welcome investment and “grow the cake”, which means progressing plans for a second entertainment arena for the city, writes Michael Ingall of Allied London.

Following a strong year for Manchester's workspace market in 2019, the first quarter of 2020 continued in the same positive way, with high-profile occupiers, both homegrown and inward investors, seeking to relocate to new offices, writes Richard Lace of OBI.

The Manchester-based property group has promoted Anna Main to the board after less than a year with the business, as it looks to expand its commercial asset division.