UK: Manchester City Council has appointed CBRE to market a 2.75 acre development site.
The site in Hulme sits adjacent to the A5103 Princess Road and offers direct access to the city centre, and M60 motorway.
The development is about a mile away from the Cornbrook Metrolink stop, Manchester Oxford Road and Deansgate railway stations. The surrounding area comprises a mix of uses including mid- and low- rise residential properties, education facilities, offices and retail.
Gavin White, Manchester City Council’s executive member for housing and development, said: “The development of the site should have community at its heart, so alongside residential accommodation we want to see great public space and commercial opportunities as well. We look forward to seeing ambitious proposals to bring the potential of this site to reality, creating a highly sustainable development of renown that will complement and enhance the Hulme neighbourhood.”
Kieran McLaughlin, senior director in CBRE’s UK development and residential team, said: “CBRE is delighted to be acting on behalf of Manchester City Council to bring forward this exciting development opportunity at the edge of Manchester city centre. We are anticipating strong market interest from developers looking to capitalise on the ongoing regeneration of Hulme, an area home to many of the city’s families and young professionals. This opportunity is available on a long-leasehold basis and subject to planning offers are invited for 1pm on Wednesday 30 July.”
Highlights:
• Manchester City Council has put a development site for sale
• The site offers an accessible location near railway stations and access to the city centre
• Manchester City Council is looking to see residential accommodation, public spaces, and commercial opportunities on the site
