While Liverpool has seen a boom in the development of purpose-built student accommodation, Manchester needs more supply in order to move students out of low quality stock, according to Cushman & Wakefield.
Allied London’s plan to replace an eight-storey hotel with a nine-storey office at Enterprise City has been approved by Manchester City Council’s planning committee, along with the 22-storey Toyoko Inn hotel tower in Piccadilly.
St John’s Place Tower, intended as the 54-storey centrepiece to Allied London’s St John’s district in Manchester, will not be progressed after the developer confirmed it is revisiting its masterplan to scale down its residential ambitions.
The General Medical Council is to expand its presence in Manchester after taking around 22,000 sq ft on the top floor of Royal London’s 3 Hardman Square, adding to its 63,000 sq ft at Hardman Street in Spinningfields.
The city enjoyed a record year of office take-up in 2018 with more than 1.75m sq ft taken over 314 transactions, surpassing the previous record of 1.33m sq ft set in 2014, according to the Manchester Office Agents Forum.
Allied London’s proposals to replace an eight-storey hotel with a nine-storey office at Enterprise City, along with the 22-storey Toyoko Inn near Piccadilly, will both go before Manchester’s planning committee next week.