Manchester has secured £51.6m from the government’s Housing Infrastructure Fund to advance its £1bn Northern Gateway project.
The funding will be used to address several infrastructure issues at the site, which are holding back development opportunities, and support the delivery of new homes.
In addition, it will help build walking and cycling routes and new road access, as well as aide the development of the initial phase of the planned City River Park.
The bid for government funding led by Manchester City Council focused on 49 acres of brownfield land at the Northern Gateway project that will be used for the initial phases, providing more than 5,500 new homes over the next 10 years and supporting its joint venture with the Far East Consortium.
The Northern Gateway in its entirety spans 383 acres and has the potential for 15,000 homes, including 3,000 affordable homes.
Manchester City Council’s executive member for housing and regeneration, Suzanne Richards, said: “The Gateway project is beginning to build a real head of steam and it’s exciting to see the building blocks of this ambitious project come together. In the meantime, we will continue to work closely with residents to ensure they are central to the conversation as we begin to move towards the delivery of new homes for Manchester.”
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