Central Manchester University Hospitals NHS Foundation Trust has published a tender for a £20m partnership contract to redevelop the former Royal Eye Hospital.
The NHS Trust is seeking a development partner to redevelop the former hospital site, located in the Oxford Road area, into 100,000 sq ft of modern business space for science, research and innovation, and bio and medical technology companies. It is also hoping the partner can own the site by way of long lease and manage it.
Corridor Manchester, the regeneration partnership for the area around Oxford Street south of Manchester city centre, is searching for the development partner on behalf of the NHS Trust. It said the project will cost approximately £20m, funded through the private and public sector and it is expected the scheme will be completed by spring 2012.
Jackie Potter, chief executive of Corridor Manchester, said: "The former Royal Eye Hospital is a great development opportunity where we intend to provide the modern business space that is much needed for companies wanting to locate in the Corridor area, and who wish to take advantage of the large network of health, science, medical innovation and technology companies already located here."
Corridor Manchester said it is in discussions with a global clinical trial company which is looking to take a significant amount of the space and is also in negotiations to create a new training facility for Central Manchester University Hospitals NHS Foundation Trust.
The former Royal Eye Hospital is located in a clinical academic campus made up of five NHS hospitals and two universities, the University of Manchester and Manchester Metropolitan University, which over the last ten years have been the building blocks of Manchester's research and innovation capability.
- For further details contact John Boulby at Corridor Manchester on 07795 417684 or email email@example.com