A development framework was unveiled today by Manchester City Council to tackle the Whitworth Street West area south of the city centre.
The plan, which will now be consulted upon with local residents and business, includes delivery of new buildings, improved access, better public transport facilities, and an affordable hotel to complement existing ones in the vicinity of Manchester Central.
Sir Howard Bernstein, chief executive of Manchester City Council, added: "A considered, coordinated approach is needed to realise the potential of this part of the city. This area is naturally placed to become a crucial 'stepping stone' in terms of encouraging the natural expansion of the city core.
"It is imperative that the developments are of the highest quality, transport links are enhanced and the look and feel of the area is improved. This is a massive opportunity and it's crucial we get it right and capture new market opportunities as they emerge over the next few years."