Manchester City Council has approved proposals for the regeneration of a historic six-acre site in Deansgate, Manchester, into a 1.5m sq ft mixed-use scheme.
The site comprises the Great Northern Warehouse; Deansgate Terrace; a 1990s extension known as the Leisure Box; Deansgate Mews; and Great Northern Square.
The approval is the second time Trilogy and Peterson’s plans for the site have been approved, after the jv acquired it in 2013.
Trilogy Real Estate and Peterson Group are set to transform the former Great Northern development into 150,000 sq ft of offices and 746 new homes, alongside retail and leisure facilities and green spaces.
Robert Wolstenholme, founder and chief executive of Trilogy, said: “A team has worked for more than eight years to listen, design and refine to arrive at a proposed scheme we hope Manchester will be proud of. There is much still to do, and we will continue to work hard to bring to life what has been in our imaginations for so many years.”
The project, drawn up by architect SimpsonHaugh and landscape architect Planit-IE, is expected to generate £38.2m in GVA per annum. Work is expected to begin as early as 2024.
To send feedback, e-mail evelina.grecenko@eg.co.uk or tweet @gre_eve
