Stanhope and Bruntwood SciTech have been confirmed as the joint developers of the University of Manchester’s £1.5bn innovation district, ID Manchester.
ID Manchester will be a new neighbourhood and innovation district that insiders hope will create in excess of 10,000 jobs in the city. It is expected to take 15 years to complete. The scheme will be overseen by a 50:50 joint venture between the companies.
The new 10.6 hectare site is a stone’s throw from the University of Manchester’s existing science and innovation hubs on the Oxford Road corridor, which includes the Alan Turing building.
It also marks Stanhope’s third major building project for the life sciences sector in recent years, following its developments at White City Place and the British Library in London. The latter will also house a new HQ for the Alan Turing institute.
Jonathon Weston, Stanhope’s project lead on ID Manchester, said the scheme would be a “hugely iconic and important new neighbourhood and world-class innovation district”.
He said: “Manchester plays a significant part in the UK’s life sciences sector, and to be able to help the university and city realise its vision for this area is something we are passionately committed to.
“As one of the leading life sciences developers in the South East, and as a proud Mancunian myself, we are thrilled to expand our work, expertise and knowledge in the sector to this vibrant northern city.
“Our work in the past five years reinventing White City Place into a new creative and life sciences quarter in West London, alongside our plans to develop and expand The British Library to include a new HQ for the Alan Turing Institute, gives us the expertise to be well-placed in creating a dynamic, diverse and inclusive new district that properly integrates with the heart and soul of the city.”
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