Developer LCR, part of Manchester’s Mayfield Partnership, has opened an office at the Mayfield Gatehouse on Baring Street, headed by senior development manager Adam Wisher.
LCR said that establishing a permanent base in the city will support its work on the £850m Mayfield regeneration project and complement its wider UK expansion plans. The company, wholly owned by the UK Government, is a member of the Mayfield Partnership alongside Manchester City Council, Transport for Greater Manchester and U+I.
Wisher joined LCR at the inception of the Mayfield Partnership in 2016. The organisation is now recruiting for a development manager to join the Manchester team.
LCR – originally London & Continental Railways – was formed in 1994 to operate the Channel Tunnel Rail Link and to own the UK arm of the Eurostar rail service. In more recent times it has worked on transport-linked regeneration schemes including those at Kings Cross and Stratford City.
The new office is intended to support LCR’s growing portfolio of strategic partnerships with local authorities, where LCR is providing land assembly, masterplanning and development management advice. Current partnerships include projects in Leeds, Sheffield and Nottinghamshire.
Wilsher said: “With the first phase of Mayfield gathering momentum, it’s the right time for us to invest in our presence in the region.
“Alongside our work at Mayfield, we’re continuing to build relationships with public bodies across the North to help them deliver homes, jobs and economic growth from transport-linked land and property assets. Growing our Manchester-based team will help us to continue to be responsive to these opportunities.
“At a time when local authorities face pressure to ramp up housebuilding, improve infrastructure and drive employment opportunities, we are ideally positioned to bring together public and private partners to create schemes with imaginative placemaking at their core.”
The £850 million Mayfield project will see the disused 24-acre site developed in a scheme that will include 1,500 new homes, more than 1.67m sq ft of office space, a 650-bed hotel, and 347,000 sq ft of retail and leisure facilities, along with a city park.
Other LCR projects include the 1m sq ft commercial redevelopment of the Axis site in Birmingham, the £2.4bn International Quarter London in Stratford and a 135,000 sq ft ertail and leisure development at the former Eurostar terminal in Waterloo.