U+I has confirmed it will lead the £850m regeneration of a 24-acre site next to Piccadilly Station in Manchester.
As tipped by Estates Gazette, the developer was chosen by the Mayfield Partnership comprising LCR, Manchester City Council and Transport for Greater Manchester.
U+I was chosen ahead of Urban & Civic and a consortium formed by Carillion, Ask Real Estate and Patrizia.
Designed by Studio Egret West, the plans will deliver 1,300 homes, 807,293 sq ft of offices, a 350-bedroom hotel, retail, leisure facilities and a new city park.
Drawing on the heritage of the site, the regeneration will also seek to enhance many of its historic features: developing alongside and improving the River Medlock which flows through the site; maintaining some of the iconic buildings that still stand; and making the most of the railway heritage of the area.
In a statement, the partnership said: “There was firm consensus amongst the Partnership that U+I’s bid successfully captured the vision for the site, set out in the Mayfield Strategic Regeneration Framework, for Mayfield to become a distinctive new high quality urban neighbourhood and a gateway into Manchester city centre.”
The joint venture aims to submit an outline planning application to the council in the spring of 2017. The first phase of the project will see the site opened up to the city through a series of onsite community activities. Some of the ideas for this early phase include a community farm, a raised park and cultural spaces.
JLL advised the Mayfield Partnership.
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