A longlist of six developers have been chosen to potentially bring forward the £550m development of a 24-acre derelict site in Manchester, which will extend the city up towards Piccadilly Station.
The list is understood to be made up of Argent, Ask Real Estate with Patrizia, Goodman, Muse Developments, U+I Group, formerly known as Development Securities, and Urban & Civic.
Mayfield Partnership, made up of London & Continental Railways, Manchester City Council and Transport for Greater Manchester, opened the search for a development partner for the Mayfield Quarter in September 2015.
The Partnership will enter into a joint venture arrangement to take forward the comprehensive regeneration of the derelict Mayfield site which will reshape and extend the city towards Manchester Piccadilly, along the lines site out in the council’s Mayfield Strategic Regeneration Framework.
Bennetts Associates Architects advised on the framework.
Mayfield Quarter is set to create around 1,300 homes, 800,000 sq ft of offices, a 350-bedroom hotel, retail and leisure facilities and a new six-acre city park along a remediated River Medlock.
The plan for the site fits alongside Network Rail’s Northern Hub scheme which is scheduled to complete in 2018, and the proposed HS2 station at Piccadilly.
In January 2015 London & Continental Railways was understood to be in talks with the Government Property Unit to pre-let 430,000 sq ft of offices in Mayfield.
The final development partner is due to be chosen in summer 2016.
JLL is advising the Mayfield Partnership on the procurement process.