2021 Investment Guide

Total Page:16

File Type:pdf, Size:1020Kb

2021 Investment Guide Greater Manchester 2021 INVESTMENT GUIDE SPONSORED BY p3 Manchester Cover.indd 3 03/02/2021 10:14 SPONSORED BY OVER 300 TICKETS RESI SOLD! IS BACK! INSIDER NORTH WEST RESIDENTIAL PROPERTY AWARDS 2021 Launched in 2016, the awards celebrate AWARD CATEGORIES the remarkable achievements of the • Apartment Development of the Year Award region’s residential sector. The Insider (fewer than 200 homes) North West Residential Property Awards 2021 brings together the people and busi- • Apartment Development of the Year Award nesses that have designed, developed, (more than 200 homes) funded, built and continue to manage • Residential Property Personality of the Year the built environment and recognising • Bespoke and Urban Developer of the Year their outstanding achievements. • Deal of the Year 14 hotly contested award categories • Housebuilder of the Year Award will showcase the outstanding residential property projects, people and businesses • Small Housing Development of the Year (fewer than 100 units) from across the region. Winners will be • Large Housing Development of the Year (more than 100 units) DRINKS RECEPTION announced at the dinner on Thursday • Law Firm of the Year SPONSOR 15 July 2021 at Manchester Central. • Planning Consultancy Team of the Year Join us to celebrate the remarkable • Residential Operator of the Year achievements of the region’s residential • Residential Sales and Letting Agent of the Year sector and showcase the work of the people who have created new homes • Social Impact Award and communities in the region. • Sustainability Award THURSDAY 15 JULY 2021 MANCHESTER CENTRAL CONVENTION CENTRE For ticket information email [email protected] All sponsorship enquiries email [email protected] p32-34NW Resi GM 21_RESIZED_185x250.indd Clusters 2.indd 34 1 03/02/202101/02/2021 11:3212:07 SPONSOR FOREWORD GREEN SHOOTS IN SIGHT FOR GREATER MANCHESTER Tim Newns, CEO of MIDAS – Greater Manchester’s inward investment agency, reflects on how Greater Manchester plans to recover from the global pandemic Greater Manchester bucked investment innovation; growing an integrated pipe- trends in 2019, experiencing a record line for talent, skills and progression year for inward investment – the best at all levels; driving good employment; figures in MIDAS’ 22-year history – and stimulating investment to create so we approached 2020 with huge desirable places where people thrive. ambition along with some caution We will adopt this approach due to the economic uncertainty immediately in sectors that have surrounding Brexit. Unfortunately, none experienced exponential growth as a of us could foresee the global pandemic result of the pandemic – from healthcare that would overshadow the UK’s and biotechnology to eCommerce and impending exit from the EU. cyber security – sectors that we have For all the challenges that COVID-19 developed strong propositions for and has presented, Greater Manchester and addressing inequalities. which provide opportunity to secure has responded with speed, resilience In support of this Vision, MIDAS will more inward investment. and determination. The pandemic has assume responsibility for ensuring Although we face challenging times, brought a global reappraisal of economic the city region retains its gravitas as the future still holds plenty of opportunity priorities, putting people and the planet a globally recognised investment for Greater Manchester. Inward first and providing an opportunity to location of which innovation will play investment will play a crucial role in not create a Greater Manchester and in a key role. However, we need a fresh only Greater Manchester’s recovery turn, a Greater Britain. approach to innovation if we are to from COVID-19 but the recovery of After months of consultation and diversify the business base, transform every city, state and country around collaboration between the private and ways of working, build vibrant places, the world. public sector, the Greater Manchester create future resilience, support path- MIDAS’ vision for raising Greater Local Enterprise Partnership launched ways to work, and tackle social issues, Manchester’s profile and attracting a new Economic Vision for the city which our city region has developed. more high value investment has never region in late 2020. Building on existing We will deliver this by: securing R&D been more ambitious. But today, we sector strengths in advanced materials, investment in our global assets and stand more committed to championing low carbon, health innovation and digital translational activity across the city this new blueprint for the modern and creative, Greater Manchester is now region to drive national and local growth economy and crucially, we acknowledge poised to lead UK economic recovery through the Innovation GM programme; that people and the planet are at the with a plan for innovation, green growth supporting a culture of business heart of productivity and profitability. Tim Newns CEO of MIDAS Contents.inddMIDAS fwd 16033.indd 4 46 03/02/202102/02/2021 14:1715:13 SPONSOR FOREWORD A ROBUST AND RESILIENT REAL ESTATE MARKET In a year of unprecedented unpredictability and change, the North West real estate market remains resilient, says Dan Sweeney, partner at UK law firm TLT The real estate investment landscape Occupier demand for good quality has been profoundly impacted by space remains strong. Tenants of the pandemic as all stakeholders investment space continue to talk of re-evaluate projects for their suitability occupational costs rather than simply and viability moving forward. “rent” and the urgency for business Progressiveness and resilience are rates reform remains paramount. The part of the region’s commercial DNA, balance between this and the need and in today’s uncertain macroeconomic to replenish the public purse will be a climate, those qualities stand out theme to watch. more than ever – particularly in the Focussing on rent roll to underpin commercial property market. value is a major driver for many The diversity of the redeveloped This acknowledges the demand for investors in the current climate. We’re offerings and the repurposing of space new housing but also a return to also continuing to see growing demand is a frequent thread. Investors have taken genuinely mixed use schemes; for new schemes to curate a dynamic n confidence from strong engagement Leisure and entertainment often occupier base on which to build a by local authorities alongside dynamic as a central amenity but also in a host development’s “brand”. developer visions. This can be seen of different guises; and Branding is something that the n in bold schemes for local centre Financial backing from major region often does brilliantly. repurposing in Stockport, Bolton, institutional and international funds. Whether it’s revitalising destinations Stretford, Cheetham Hill, Oldham and Flexibility and diversity are major – “Spinningfields”, “Northern Quarter” Wigan to name a few. assets to any enterprise and demand “Alty Market” etc. – or in commerce The majority of these proposals for these is high in new investment with regional powerhouses such as share some common traits: schemes and when reviewing an boohoo, AO, JD, The Hut Group and n Significant partnership and a long existing portfolio. Euro Garages, the halo impact of major term vision from local authorities and Occupiers and end users are brands reinvesting in their local market development teams; seeking greater flexibility. Demand should not be underestimated. The n Flexible retail spaces with an for shorter-term leases and turnover arrival of a groundbreaking proposal imperative for local independent rents, lockdown rent holidays and the such as Therme Manchester is businesses to be in the tenant mix; enhanced flexibility of new planning testimony to the attraction of the n Residential units and associated use classes give landlords and tenants region and that long term investor social uses being a core component. much to consider. confidence continues to grow. www.tltsolicitors.com p4-7TLT fwdgmcr 15462.indd stats.indd 464 03/02/2021 13:3713:35 SPONSOR FOREWORD ROCHDALE BOLTON BURY OLDHAM WIGAN SALFORD TAMESIDE A ROBUST AND RESILIENT GREATER MANCHESTER MANCHESTER TRAFFORD REAL ESTATE MARKET STOCKPORT In a year of unprecedented unpredictability and change, the North West real estate market POPULATION (2019) remains resilient, says Dan Sweeney, partner at UK law firm TLT 2,835,700 AGED 16 TO 64 GREATER MANCHESTER .................................................1,803,200 The real estate investment landscape Occupier demand for good quality BUSINESSES BY STAFF UK ............................................................................................41,724,000 has been profoundly impacted by space remains strong. Tenants of MICRO (0 TO 9 STAFF) ........................................................102,790 the pandemic as all stakeholders investment space continue to talk of SMALL (10 TO 49 STAFF) .........................................................15,885 re-evaluate projects for their suitability occupational costs rather than simply MEDIUM-SIZED (50 TO 249 STAFF) AGED 16-64 (JUN 2020) ......................................3,610 and viability moving forward. “rent” and the urgency for business ECONOMIC ACTIVITY RATE LARGE (250+ STAFF) ..................................................................... 580 Progressiveness and resilience are rates reform remains paramount. The GREATER MANCHESTER .............................................................76.7
Recommended publications
  • Manchester Campus Visitor Guide
    How to find us Instructions to visitors in the The Co-operative Group occupies a number of event of a fire or security alert Manchester buildings on a large site directly opposite Victoria Station in the heart of Manchester’s City Centre. Fire Visitor’s Guide Getting here… New Century House & the Miller Street Tower By car Alert Signal - an intermittent ringing of bells means that there is a Manchester is served by a comprehensive motorway network and fire somewhere in the building and that staff and visitors should be is easily accessible from all areas of the country. The Co-operative prepared to evacuate the floor if the bells begin to ring continuously. Group buildings are all located in close proximity to the Arndale Centre, the Printworks and Victoria Station. The landmark Miller Street Evacuation Signal - a continuous ringing of bells means that Tower can be easily identified from most parts of the city centre. staff and visitors on the floor on which it is ringing must proceed immediately via the nearest fire exit to the assembly point, which for The most convenient public car parks are located on New Century House is the entrance forecourt, and for the Miller Street Corporation Street and Miller Street. The area is also well Tower is the car park to the East of the building next to Riga Street. served with short-stay pay and display parking bays. If the bell rings, make yourself known to a fire warden or any member of staff. If you are in a lift when the fire alarm By bus, train or Metrolink tram operates it will automatically take you to the ground floor.
    [Show full text]
  • Coop Leaflet (Page 1)
    How to find us Instructions to visitors in the event of a fire or security alert By car Fire Manchester is served by a comprehensive motorway network and is easily accessible from all areas of the country. New Century House The Co-operative Group buildings are all located in close proximity to the Arndale Centre, the Printworks and Victoria Alert Signal - an intermittent ringing of bells means that there Station.The landmark CIS building can be easily identified from is a fire somewhere in the building and that staff and visitors most parts of the city centre as it is Manchester’s tallest building. should be prepared to evacuate the floor if the bells begin to ring continuously. The most convenient public car parks are located on Evacuation Signal - a continuous ringing of bells means that Corporation Street and Miller Street. The area is also well staff and visitors on the floor on which it is ringing, must served with short-stay pay and display parking bays. proceed immediately via the nearest fire exit to the assembly point on the entrance forecourt. If the bell rings, make yourself known to a fire warden or any other member of staff. If you are By bus, train or metrolink tram in a lift when the fire alarm operates it will automatically take you to the ground floor. The Co-operative Group buildings are just a short walk from Old Bank Building, Hanover Building, Dantzic & Manchester’s Victoria Station (trains,buses and trams) and the Federation Buildings, Redfern Building & Redfern Annexe Arndale bus station.
    [Show full text]
  • Fictional Magazine (Pdf)
    CITYFICTIONS FRIDAY, MARCH 28, 2018 F.E.N. CITY FICTIONS YOUR ESSENTIAL GUIDE TO MANCHESTER’S NEW NEAR FUTURE CITY FOLLOW US ON TWITTER @FuturEverything FANCY A THE FUTURE CHAT WITH A OF DATA AND LAMP POST? SPORT AT PAGE 3 THE NATIONAL FOOTBALL MUSEUM: PAGES 5-8 MAKE YOURSELF INVISIBLE NEW SALON OPENS IN THE FUTURE CITY: PAGE 4 PUBLICATION COMMISSIONED BY FUTUREEVERYTHING & NATIONAL FOOTBALL MUSEUM F. E . N . FRIDAY, MARCH 28, 2018 CITYFICTIONS 2 NEWS THE FUTURE CITY OPENS ITS DOORS A SLICE OF CENTRAL MANCHESTER HAS BEEN ANNEXED BY THE PEOPLE FOR A NEW SOCIAL EXPERIMENT AND FUTURE TECHNOLOGY HUB. FOUR years ago, touches to the people’s festival in 2014, said: and shape the city Mancunians mobilised parliament, which will “It’s incredible what themselves.” to imagine and build can be achieved when Tom Higham, one of a visionary new city, declaration - a universal ordinary people decide the instigators of the which formally opens declaration of urban to change reality. This pop up city, said: to the public tomor- rights. is a city shot through “Everything is family row. Its centre is at New The city includes a with new ideas about friendly and perfectly Century House and the creative quarter and science and technology, safe, although we surrounding buildings factory, and there is a and shaped around the have misplaced a few and public spaces in chance to experience hopes and fears of local autonomous, electronic NOMA, Manchester’s the future of TV (Sat- people. life forms,” adding, 20-acre urban urday only), a factory “The city contains “don’t pet the BUQs.” neighbourhood.
    [Show full text]
  • Authority Monitoring Report 2018
    Manchester City Council | Authority Monitoring Report 2018 Development in the City 2017-18 The 2018 Authority Monitoring Report of Manchester City Council Monitoring the delivery of the Local Plan April 2017 - March 2018 1 Manchester City Council | Authority Monitoring Report 2018 Contents Page 1 Executive Summary 3 2 Introduction 5 3 Development in Manchester in 2017/18 8 4 Conclusion 25 Appendices Appendix A – The Monitoring Framework 27 Appendix B – The Local Plan 30 Appendix C – Saved UDP policies 32 Appendix D – Local Development Scheme 37 Appendix E – Statement of Community Involvement 38 Appendix F – Neighbourhood Planning 39 Appendix G – Action taken under the Duty to Cooperate 40 Appendix H – Core Strategy Indicators – data tables 42 Appendix I – Waste Development Monitoring 105 Appendix J – Minerals Development Monitoring 106 Appendix K – Core Strategy Indicators not currently being monitored 107 2 Manchester City Council | Authority Monitoring Report 2018 1 Executive Summary Manchester’s 2018 Authority Monitoring Report (AMR) summarises the City’s development in 2017-18, based on key indicators for policies in the Local Plan. The City has a strong and competitive economy, good infrastructure, and its population has continued to grow, standing at 545,501 according to the mid-year population estimate for 2017 (Office for National Statistics). There are many indicators within this AMR which show that Manchester is continuing to make substantial progress towards achieving the sustainable development goals set out in the Local Plan. Development that supports economic growth has remained at a high level, with 98,400 sqm of employment-related floorspace being completed over the past year.
    [Show full text]
  • Copy of Bin Spreadsheet
    Ref Street Name Location/Description GIS Comments Area Type 1 Pioneer Quay Slip to Rochdale Canal GIS Relocate round bin 10mts from SLC1 Castlefield Relocate 2 Deansgate Next to SLC 01 GIS next to N55 Deansgate sign relocate 3mts towards crossing and road Castlefield Relocate 3 Blantyre St Opposite SLC 04 GIS Post mounted next to pay and display machine 3005 Castlefield Existing 4 Slate Wharf Opposite SLC 04 GIS Relocate from Slate Wharf SLC04 towards junction with walkway on Blantyre Street directly oppositeCastlefield Relocate 5 Slate Wharf Near Marsh Brother Bridge GIS Castlefield Existing 6 Bridgewater Canal Tow path Next to Merchants Bridge GIS 75mts rear of SLC15 Duke Street Castlefield Existing 7 Bridgewater Canal Tow path At the rear Of Wharf Pub GIS Castlefield Existing 8 Bridgewater Canal Tow path Next to Canal basin (rear of Castle Quay) GIS past the wooden bridge from the Wharf Pub 2nd SLC Castlefield Existing 9 Bridgewater Canal Tow path Rear of Castlegate GIS Blue heritage cast Castlefield Existing 10 Bridgewater Canal Tow path Opposite Grocer's Warehouse GIS hertitage cast lid Castlefield Existing 11 Bridgewater Canal Tow path Next to Steps at the bottom of footbridge GIS heritage cast next to two benches Castlefield Existing 12 Castle St Next to SLC 15 GIS Move between two benches - Duke Street Castlefield Relocate 13 Catalan Square Opposite SLC 15 GIS 11mts from SLC15 Duke Street next to wishing well Castlefield Existing 14 Catalan Square Next to Merchants Bridge GIS Castlefield Existing 15 Catalan Square Next to Merchants
    [Show full text]
  • City Centre Strategic Plan 2015–2018
    GREEN QUARTER LOWER IRK VALLEY FORMER BODDINGTONS BREWERY SITE COLLYHURST MEDIEVAL NOMA QUARTER NEW CROSS E STRAT E ANCOATS TR G N I C SALFORD CENTRALE AND GREENGATE C P NORTHERN QUARTER RETAIL CORE L Y NEW A ISLINGTON T N I C CENTRAL SPINNINGFIELDS BUSINESS DISTRICT CIVIC QUARTER CHINATOWN PICCADILLY ST JOHN’S KAMPUS THE VILLAGE WATER STREET PETERSFIELD MAYFIELD NORTH CAMPUS CASTLEFIELD IRWELL FIRST STREET RIVER PARK GREAT JACKSON STREET CORRIDOR MANCHESTER CONTENTS FOREWORD 5 AREA PROFILES 28 INFRASTRUCTURE 82 NOMA 30 Transport 84 VISION 6 St John’s 33 Digital 89 Introduction and context 8 Spinningfields 36 Environment 93 Achievements since 2012 17 First Street 39 City centre snapshot and key facts 20 LOOKING AHEAD 96 Corridor Manchester 42 Resident access to jobs Delivery 107 Central Business District 48 and skills development 26 Engagement 108 Piccadilly 51 City centre experience 109 Mayfield 54 ANNEXES Medieval Quarter 56 110 Great Jackson Street 58 City centre map 112 Kampus 60 Links to key documents and websites 114 Salford Central and Greengate 62 Acknowledgements 115 Irwell River Park 64 Water Street 66 Retail Core 68 Castlefield 72 Northern Quarter 75 Chinatown 78 The Village 80 CITY CENTRE STRATEGIC PLAN 2015–2018 FOREWORD Manchester city centre has The six years since the last Over the next few years, This revised City Centre changed dramatically over City Centre Strategic Plan significant further growth Strategic Plan seeks to: the past 15 years and is now was published have seen is expected in the economy • Demonstrate what has one of the most dynamic further transformational and population of the city been achieved since the centres in Europe.
    [Show full text]
  • A0P Route Only
    Metrolink ASPIN LANE Crown House 85 Ashton House 9 El Sub Sta 83 CROWN LANE10 4 2 33.8m 192 PH 36.9m 115 ST MICHAEL'S SQUARE CORPORATION STREET 35.4m 79 21 MUNSTER STREET Ward Bdy 30 ANGEL STREET 109 to 113 10 LUDGATE STREET 5 Beswick House 152 BESWICK ROW 37.5m PH OSWALD STREET 1 88 88a 86 MILLER STREET 25 84 Car Park 82 Angel Warehouse Car Park Square NoMa 4 11 Warehouse LUDGATE STREET 25 Shelter 35.7m ANGEL STREET PH 6 ROCHDALE ROAD New Century House Car Park 50.3m Old Bank Building Car KENWRIGHT STREET Park MILLER STREET VICTORIA STATION APPROACH MAYES STREET 33.2m LONG MILLGATE 56 . Ordnance Survey 100019568. 2017 HATTER STREET 53 Redfearn Building 46 P Car Park 7 Victoria El Sub Sta 50 30 44 REDFERN STREET MASON STREET Hanover Building Car Park Car Park College Railway The Cooperative Holyoake House Crossing 28 LB 4 19 47.9m 42 40 MARSHALL STREET TCB Warehouse LC Car Park 55 HANOVER STREET El Sub Sta TODD STREET 6 29 68 MAYES STREET 71 66 FEDERATION STREET 64 69 62 4 69a 50.3m CROSS KEYS STREET El Sub Sta 1 Federation Building SWAN STREET 60 Car Park 2 ADDINGTON STREET 67 58 Car Park RIGA STREET CHADDERTON STREET Balloon Street LB 54 CORPORATION STREET LONG MILLGATE Car Park DANTZIC STREET Bank 34.7m Bus 97 50 Station NEWBECK STREET 95 CABLE STREET 70 1 STREET FB 91 6 to 10 89 HIGHER OSWALD 49 to 53 to 49 Theatre Urbis 2 77 Hotel 40 Garage Ramp 14 GOADSBY STREET ESS 47.2m 4 FB EAGLE STREET Posts 47 to 39 34.8m Hotel Fennel Street Posts NEW GEORGE STREET Multistorey Car Park 62 to 66 to 62 Swan 49.7m 49.7m Buildings 8 40 16 to 20
    [Show full text]
  • Angel Meadow a Strategic Update to the NOMA Development Framework
    Angel Meadow A Strategic Update to the NOMA Development Framework 1 Contents 1 Introduction 1 2 StrategicContext 9 3 Site Analysis 20 4 FrameworkPrinciples 58 hereafter referred to as the Study Area, has the potential to become a key Executive Summary contributor to the City’s quality of life offer. This offer will be absolutely key to both retaining existing talent as well as attracting new talent required to fuel the City’s next wave of economic growth and enhance productivity levels. It should be noted that the purpose of this document is not to prescribe a Introduction definitive form of development as inevitably there will be varying options and combinations of development that could deliver the vision and objectives for the This document has been prepared to provide guidance on the future site. Importantly, it does however establish a series of development and urban development of land adjacent to Angel Meadow and identify potential design principles that will inform the future development of this area. In addition, opportunities to support and enhance the existing residential neighbourhood this document will be actively used as a material consideration in the bounded by Gould Street, Old Mount Street/ Style Street, Angel Street and consideration of future planning applications by the Local Planning Authority for Rochdale Road. sites located within the Framework Area, thereby ensuring that proposals come The land adjacent to Angel Meadow partly falls within the adopted NOMA forward in a fully integrated and carefully coordinated
    [Show full text]
  • The Co-Operative's Manchester Estate: Delivering the Vision
    The Co-operative’s Manchester Estate: Delivering the Vision The Co-operative Group, in partnership with Manchester City Council This report is written by the Co-operative Group, with support from Drivers Jonas Deloitte Contents 1 Executive Summary .................................................................... 1 2 Background ................................................................................ 3 3 Strategic Regeneration Initiative 2009 ........................................ 4 A Unique Opportunity .............................................................................................................................. 4 Progress Since 2009 ............................................................................................................................... 5 4 Core Development Objectives .................................................... 7 Place Making ........................................................................................................................................... 7 Job Creation ............................................................................................................................................ 8 Supporting Communities ......................................................................................................................... 8 5 The Framework 2010 ................................................................ 10 Creating a Sense of Place ....................................................................................................................
    [Show full text]
  • Application 090606, Planning and Highways Committee 10
    Manchester City Council Item No. 5 Planning and Highways 10 September 2009 REPORT FOR RESOLUTION Committee PLANNING AND HIGHWAYS Date 10 September 2009 Subject 090606/FO/2009/N1 Erection of 14 storey office (Class B1) building ( Co-operative Headquarters) with associated basement car parking on two levels providing 151 car parking spaces with associated public realm works including the closure of part of Dantzic Street and associated alterations to the highway including formation of mini roundabout at corner of Angel Street and Dantzic Street Location Car Park, Miller Street, Ancoats, Manchester, M4 4DY, Applicant Co-operative Group Ltd, New Century House, Corporation Street, Manchester, M60 4ES Agent Mr Chris Beebe, Co-operative Group Ltd, New Century House, Property Division, P O Box 53, Manchester, M60 4ES Report of HEAD OF PLANNING Purpose of report To describe the above application for planning permission, the issues involved and to put forward recommendations. Recommendation The Head of Planning having taken all relevant matters into consideration recommends that the Committee APPROVE planning application 090606/FO/2009/N1 relating to the erection of 14 storey office ( Class B1) building ( Co-operative Headquarters) with associated basement car parking on two levels providing 151 car parking spaces with associated public realm works including the closure of part of Dantzic Street and associated alterations to the highway including formation of mini roundabout at corner of Angel Street and Dantzic Street for the reasons set out in this report, on the basis that the Council has taken the environmental information (as defined in the EIA regulations) into consideration. Financial Consequences for the Revenue Budget There are no financial consequences for the Revenue Budget Page 1 of 57 Manchester City Council Item No.
    [Show full text]
  • Manchester's Economic Recovery and Investment Plan
    Powering Recovery – Manchester’s Economic 1 Recovery and Investment Plan Manchester's Economic Recovery and Investment Plan POWERING RECOVERY CONTENTS FOREWORD 3 1. INTRODUCTION 8 2. MANCHESTER’S MODERN JOURNEY 9 3. A PIVOTAL POINT 14 4. MANCHESTER’S FUTURE 21 5. STRATEGIC INVESTMENT 23 6. MANCHESTER ECONOMIC RECOVERY AND INVESTMENT PLAN 34 Powering Recovery – Manchester’s Economic 3 Recovery and Investment Plan FOREWORD Manchester is a city with a long and Manchester’s Economic Recovery Manchester has the foundations proud tradition of triumphing over and Investment Plan is honest and building blocks to re-establish adversity to meet the challenges about the economic challenges its previous momentum as the UK’s ahead. We’ve achieved this by we face, but it also provides a premier growth city, but it will do so developing a unique set of mature statement of confidence in a in a way that is even more inclusive cross-sector partnerships to create reinvigorated future for our city. and environmentally sustainable. a shared vision for the future, and It has two main elements: early Our message to businesses, deliver pragmatic and innovative actions to cushion the immediate investors, developers and the solutions to our problems. This impact of the COVID-19 pandemic Government is clear – Manchester approach has resulted in three downturn on Manchester people is ready and able to play a leading decades of sustained economic and businesses, and a ready- role in levelling up the country’s growth driven by investment in made, long-term investment economy, and we all need to play skills, transport infrastructure, programme in key sectors to help our part to ensure this happens.
    [Show full text]
  • NOMA SRF Update 2020
    NOMA Strategic Regeneration Framework Update Report November 2020 NOMA Strategic Regeneration Framework Update Report November 2020 Contents Executive Summary 1 1 Introduction 5 2 Planning Policy Context 9 3 Strategic Regeneration Context 17 4 Regeneration Journey: Progress to Date 25 5 Core Development Objectives 36 6 Next Phases and Challenges Ahead 41 Appendix A: NOMA Masterplan Ownership Plan 47 Appendix B: NOMA Masterplan Key Opportunities 49 Appendix C: Analysis and Key Constraints 51 2 NOMA Strategic Regeneration Framework Update Report November 2020 Executive Summary Manchester City Centre is the primary driver of economic growth in Investment to date is starting to pay off as the clustering of tech and the City Region. More specifically, the economic health, vitality and digital businesses within NOMA is strengthening and becoming competitiveness of the City Centre core is crucial to the long term synonymous with innovation. The Federation Building has led the success of Manchester and the wider area. way as a hub for creative and innovative businesses and social enterprises. The confirmation of Amazon as an anchor tenant for the There is an important link between economic growth, regeneration recently refurbished Hanover and E-Block buildings in 2019, has and the provision of new high quality office floorspace. As been a significant indicator of the area’s attractiveness to these Manchester moves into its next phase of economic growth, further sectors. Amazon will deliver 600 new jobs for Manchester and has provision in the City Centre is required to fuel and complement the already started to help attract new businesses to the area.
    [Show full text]