Helping to
deliver residential
growth

Welcome to Manchester Place, a unique Government-Council partnership formed to speed up the supply of high-quality new homes.

Its brief is to create the right conditions for investment and development to deliver 25,000 new homes of all tenure right across the city to support the region’s strong economic growth.

Working with landowners, investors, developers and communities to create new neighbourhoods of choice and help the city continue to grow.

Latest News

Northern Gateway Masterplan Team Announced

20/11/2017

International design and architecture practice, Farrells, has been appointed to lead the masterplanning team for the landmark Northern Gateway project.

The residential potential of the area, which stretches from Victoria Station to Collyhurst, is being unlocked through a partnership between Manchester City Council and the developer, Far East Consortium.

It will generate more than £1bn of investment over the next decade and provide more than 10,000 new homes in sustainable, world class communities.

Farrells will place an emphasis on design quality and sustainability, open space, reactivating the vicinity of the River Irk, and enhancing public transport infrastructure which will include green walking trails and cycling routes. In doing so, Northern Gateway will allow Manchester city centre to expand northwards by providing a mix of high quality housing in well-planned new areas.

The over-arching vision of the scheme is to create a series of distinct yet clearly connected communities. This approach will open and enhance the area’s hidden and often ignored natural resources as well as its prime location close to Manchester city centre.

Founded by Sir Terry Farrell – who was born in Sale, Cheshire – the  company provides expertise in architecture, urban planning and design, interior design, project management, and other specialist areas, operating from offices in London, Shanghai, Singapore, Sydney, Manchester, and Hong Kong.  In Manchester staff will work alongside the FEC team at its new project office in the Northern Assurance Buildings on Albert Square.

Gavin Taylor, regional general manager of Far East Consortium, said: “We are proud to be working closely with Manchester City Council to deliver the vision for the Northern Gateway. At FEC, our aim is to create communities for future generations and this is made possible by building strategic partnerships and working with highly experienced, globally renowned firms.

“We are delighted to welcome Farrells on board as masterplanners. Renowned for its role in the delivery of landmark schemes worldwide, the consultancy brings a wealth of expertise and knowledge to deliver the vision for a new destination in Manchester.”

Sir Terry Farrell, Founder of Farrells commented: “We are thrilled to be working with FEC and MCC to create this new landmark scheme which will be a big step forward for Manchester’s ongoing regeneration. We’ll be sitting literally side by side in our co-located offices, making sure it works for the city, the region and those behind the investment.

“Through its sheer scale and it’s incredible natural, heritage and community assets the Northern Gateway will play a significant part in enhancing Manchester’s presence nationally and globally. We will be making an amazing new place where people love to be, so watch this space.”

 Cllr Bernard Priest, Deputy Leader of Manchester City Council, said: “This is an important milestone and marks the start of more detailed consultations on how we transform this part of the city with new neighbourhoods to make sure we can meet a significant demand for world-class housing. The city continues to grow and expand and we will be talking to existing residents, business and other stakeholders about our shared vision and ambition.”

Also appointed to Northern Gateway are planning consultancy HOW, landscape architect Planit IE, engineering, transport, remediation and sustainability specialist Arup and cost consultant Turner & Townsend.

 

 

 

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Improving the Streetscape of New Cross

04/09/2017

Consultation is underway on proposals to preserve and improve the street scene of a key part of Manchester city centre.

The Neighbourhood Development Framework (NDF) for New Cross was approved by the Council in July 2015, to promote and guide future development.

A Public Realm Strategy has now been prepared to provide a coordinated approach to public realm delivery, to ensure that improvements are appropriately funded and are programmed to keep pace with development activity.

It provides an analysis of public realm provision in the historic core of New Cross and a series of interventions that will ensure great public realm to support a successful and sustainable neighbourhood.

The plans would see the traditional grid pattern streets retained, with a greater focus on pedestrian movement and traffic management, to create a safer, greener, more accessible public realm that can support a new, vibrant mixed-use community.

A public consultation aimed at local stakeholders, landowners and developers will run until Tuesday 26 September.

Councillor Bernard Priest, Deputy Leader of Manchester City Council, said: “New Cross is an important new neighbourhood and it is essential that the public realm is improved in tandem with development, to ensure we create the best possible place for people to live.

“This strategy is designed to better connect New Cross with the city centre, to green the main roads that edge it and enhance the existing architectural features and street scene.”

The New Cross Public Realm Strategy can be viewed here:

http://www.manchester.gov.uk/info/500113/city_centre_regeneration/7552/new_cross_public_realm_strategy

Comments from stakeholders and members of the public can be made here:

http://www.smartsurvey.co.uk/s/newcross

 

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New Homes at Angel Meadow

04/09/2017

Plans have been approved for a new residential neighbourhood bordering Angel Meadow Park, one of Manchester’s largest open green spaces.

The £200m scheme by Far East Consortium (FEC) will bring 756 new homes in four buildings with landscaping work to improve access and usage of the park in one of the most historic areas of the city.

The first phase of development will be on Aspin Lane with two buildings, one 17 storeys and the second 22, offering 286 apartments, ranging from one to three bedrooms with lifestyle facilities including a gym and 24 hour concierge.

Aspin Lane will connect the buildings with the wider NOMA estate with ground floor space offering new commercial opportunities.

Later phases will include a 41-storey landmark tower with retail and leisure space on the ground floor and 333 spacious apartments; some of which will feature winter gardens. A landscaped elevated deck above the ground floor will link the park with the new podium via a new series of stepped terraces with incorporated seating areas.

The fourth building has been designed in keeping with surrounding buildings, rising to nine and 12 storeys respectively and provide five three-bedroom townhouses and 131 one two and three-bedroom apartments. A pedestrian walkway will run through the new development, linking the park to the neighbouring buildings, enabling local residents to enjoy Angel Meadow Park.

The scheme has been designed by 5plus Architects with landscaping by Planit-IE.

Off-plan sales will launch in Manchester this Autumn with construction expected to begin in 2018.

  • FEC was selected last year to develop the sites that were jointly owned by the Co-op and Manchester City Council and brought to the market through Manchester Place.

 

 

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Combined Residential Growth Action Plan

12/07/2017

After eight years of under supply home building in Manchester is back at pre-recession levels.

Projections suggest we will exceed a target of 2,500 new homes per year in 2017/18, and the following year completions should reach 4,000.

A recent report to the City Council’s executive listed 58 residential developments currently on-site that will eventually deliver 7,000 new homes – 5,000 of those in the city centre.

It is expected that nearly 3,000 homes will complete in 2017/18, including more than 1,500 in the city centre.

To maintain this level of home building through the next decade, the residential growth strategies of both the Council and Manchester Place will now be merged as the new Residential Growth Action Plan to ensure key development opportunities continue to be identified and brought to market.

The priority in the coming years is to increase housing supply and density at the conurbation core on brownfield sites within the Northern and Eastern Gateways, as well as emerging neighbourhoods to the south of the city centre, including Greater Jackson Street and First Street.

These areas have the greatest residential capacity and strategic frameworks are in place to support development.

(See the Market Data section)

The Northern Gateway has the potential to contribute up to 10,000 news homes over the next 10-15 years, and holds a unique opportunity to repurpose and repopulate brownfield land close to the city centre, and help integrate neighbourhoods into the extended city centre area.

Collyhurst is a particular focus and it is anticipated that 1,000 new homes will be built in the neighbourhood in the next 10 years. Already, this summer the North Manchester Home Building project will start on sites across the north of the city, delivering 56 direct build homes that are affordable and will be managed by Northwards Housing.

The Eastern Gateway extends from Piccadilly Station out towards the Etihad Campus, and takes in areas of Ancoats and New Islington, Holt Town and Lower Medlock Valley. Each of these areas are considered key for the continuing growth of the city – as well as fulfilling the regenerative potential that HS2 will unlock.

Manchester Life Development Company has schemes totally more than 1,000 new homes for sale and rent, and along with a number of other developers, will bring forward a number of small to large-scale developments to complete the previously fragmented Ancoats and New Islington neighbourhoods.

The city centre will remain a keen focal point for residential development, helping to support the population growth of the city, but also the growth of the entire city region.

In particular, major schemes at St John’s, First Street, Kampus, and Great Jackson Street represent huge residential potential, while also delivering unique and distinct neighbourhoods and create world-class destinations across the city centre.

Cllr Bernard Priest, Deputy Leader of Manchester City Council, said: “It’s encouraging that we are beginning to see significant home building return to the city after some years of under supply, and we have some incredibly exciting developments both on-site and in the pipeline.

“Our continued success will be predicated on our ability to forward plan and adapt to the ever changing housing landscape to fulfil the demand that we expect from a rapidly rising population.

“However, it remains as important as ever that we can create true housing choice for our residents, and create homes that people can afford in neighbourhoods they want to live in. This means pursuing our ambitious target to help deliver homes that are truly affordable, across a range of tenures most suitable for our residents. ”

Of 6,000 new homes delivered over the last five years, more than 2,700 were delivered through the city’s Affordable Homes Programme. To cement this ambition, the City Council published its Housing Affordability Framework in January that has set a target to help deliver between 1,000 and 2,000 homes that are affordable each year.

Manchester Place Chief Executive Paul Beardmore said: “The population of the city centre is expected to increase by 26,000 in the next seven years and we need quality homes to accommodate and support this economic growth.”

 

The Manchester Residential Growth Strategy

http://www.manchester.gov.uk/news/article/7408/manchester_sets_out_10-year_strategy_to_build_enough_homes

 

Housing Affordability Policy Framework

http://www.manchester.gov.uk/news/article/7593/manchester_to_lead_the_way_in_housing_affordability

 

 

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Northern Gateway Investment Partner Announced

28/04/2017

Work to unlock the vast potential of 300 acres of land, collectively known as the Northern Gateway, can begin with the announcement of a pioneering new partnership.

Far East Consortium International Ltd (FEC) has been selected to work with Manchester City Council to deliver the most ambitious housing led regeneration project ever undertaken in the city.

The selection of FEC is expected to generate more than £1bn of investment over the next decade and unlock the residential potential of a key gateway area that sweeps north from Victoria Station taking in the neighbourhoods of New Cross, the Lower Irk Valley and Collyhurst.

The vision is to create a series of distinct yet clearly connected communities making the most of the area’s natural resources including the River Irk and its location close to the city centre.

The partnership will deliver up to 10,000 new homes over the next decade with an emphasis on design quality and sustainability, open space and green walking and cycling routes.

Manchester City Council Leader Sir Richard Leese, said: “This is the latest and arguably the biggest residential opportunity for transformational change in the city that we have yet seen.

“This investment partnership will allow the city core to expand and provide the right mix of high quality housing in well planned new areas to support our continued strong economic growth.

“The Northern Gateway area has the potential to be a new type of neighbourhood unlike any other in the city and we are very impressed with the understanding and shared vision that FEC bring to the partnership.”

Mr. Chris Hoong, Managing Director of FEC, said: “The Northern Gateway is an exciting project for FEC and it is indeed a great honour to share our expertise, experience and determination with Manchester City Council. Our Manchester team on the ground will work with local advisors and contractors to deliver a fully supported Northern Gateway to help bring about a new international experience to this marvellous city.”

Mr. David Chiu, Chairman of FEC, added: “Manchester is famed for its architecture, culture, musical exports and media links along with an impressive heritage of scientific and engineering innovations. Manchester City Council market data shows there will be very strong demand for new homes for a great many years to come. Manchester is a place where people from all walks of life want to stay and where families thrive. We at FEC believe we have all the right credentials to successfully deliver this prominent development.”

The announcement of the Northern Gateway partner follows a comprehensive market bidding process and detailed evaluation over the last eight months.

The Northern Gateway was identified three years ago by Manchester Place as a key area for residential growth at scale and we will continue to provide help and support as the transformational plans develop.

Manchester Place Chief Executive Paul Beardmore said: “The provision of world class housing that people can afford to rent or buy is fundamental to the continued growth of Manchester.

“We have seen a huge increase in residential construction in the last two years but we have to ensure this pipeline continues and that we create neighbourhoods where people from all walks of life want to stay and where families thrive.

“Today’s announcement is a landmark and cements the city’s success in attracting international investment at scale and again shows how our unique partnership approach is delivering real results and providing the new housing we need.

Hong Kong based FEC has already shown its commitment to Manchester, with detailed plans to build 754 new homes around the historic Angel Meadow Park expected to be submitted shortly.

 

 

 

 

 

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Starts on site top 7,000

26/04/2017

Latest data from Manchester City Council’s research team show there are more than 7,000 new homes currently under construction across the city.

The vast majority of those, 4,954 are on 28 different sites within the city centre.

This rise in the construction pipeline follows eight years of stagnation that has led to an undersupply of homes and an increase in rents as demand surpassed supply.

Manchester Place chief executive Paul Beardmore, said: “Pent up demand has taken the city centre void rate to an unprecedented 0.4% and for the first time in memory we have seen occupation rates rising – suggesting a significant rise in sharers.”

The city centre population is expected to increase on average by 5.5% a year growing from a current 54,000 to 80,000 by 2024 – another 26,000 people in just seven years.

The pro-active measures have seen in increase in the delivery of new homes in the city centre with the number of completions tripling since 2015.

2015/16 – 524 units – 11 sites

2016/17 – 554 units – 6 sites

2017/18* – 1,788 units – 17 sites

2018/19* – 3,762 units – 36 sites

*forecast city centre residential completions

Paul added: “Our known and forecast population growth explains why we are so confident about demand – especially at the higher value end of the rental market where we are seeing a consistent undersupply.

“An undersupply too in the owner-occupier market where we are seeing unprecedented demand.

“Building a quality product for sale and rent will unlock demand and crucially retain residents who at the moment are often forced to leave the city to find the right accommodation.

“Interestingly we forsee the lower, entry level apartment market to be fully absorbed by 2020.”

 

 

MP Population increase

 

 

 

 

 

MP Housing demand and supply

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MIPIM 2017

06/03/2017

Manchester Place will be attending MIPIM 2017 14-17 March as part of Manchester’s high profile delegation to the four-day international property fair.
MIPIM logo

Chief Executive Paul Beardmore will be giving an update on the current pipeline of housing and the need to create more high quality neighbourhoods of choice across the city to meet continued demand.

The Wednesday morning stand session in the new Manchester Pavilion is part of a full programme of events and discussions organised by Marketing Manchester.

On Tuesday the City Investment Forum in the Grand Auditorium will examine Manchester City Council’s approach to urban reinvestment through its ground-breaking partnership with The Abu Dhabi United Group.

On the panel will be Marty Edelman, executive chairman of Manchester Life Development Company; Sir Edward Lister, chair of the Homes and Communities Agency; Professor Greg Clark, CBE, Global City Adviser and Manchester chief executive Sir Howard Bernstein.

The full schedule is here: http://www.manchesteratmipim.com/mipim-schedule/

 

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Magnificent Manchester

10/11/2016

slide31Marketing Manchester showcased some stunning new photography of the city region at MIPIMUK.

Its good to share so we thought we would post them here so you can see why Manchester continues to be the fastest growing city in the UK with world class facilities and solid investment.

 

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HCA chairman rally cry

31/10/2016

Homes and Communities Agency chairman Sir Edward Lister gave a rally cry for house building on a visit to Manchester.

Surveying the city from the vantage point of Cloud 23 at the Hilton Hotel he told a gathering of the region’s developers: “We have the land, we have the money and we have the planning will. We now need you to play your part.

“Manchester and the North West region is doing great things to help deliver our target of new home numbers but we can still do more.”

He was in the city to bid farewell to head of area Deborah McLaughlin, who is leaving the HCA for a role in the private sector. The former chief executive of Manchester Place, she will also step down from her current role as vice-chair of the partnership.

Sir Edward said: “I have visited Manchester and the wider region five times since taking up my role in June and the pace of change is impressive. “

Danielle Gillespie, current Head of Strategy, Programme & Performance will pick up the head of area role until the results of the HCA review are known next year.

Greater Manchester has a devolved Housing Fund of £300m to help finance residential development across the region.

Advice on applying can be found here: http://manchesterplace.org.uk/funding

Details of the Government’s Home Building Fund can be found here: http://www.gov.uk/homebuildingfund

 

 

 

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How the Greater Manchester Housing Fund Is Helping Development

24/10/2016

The Greater Manchester Housing Fund is supporting the conversion of a Grade II listed church and the development of 14 new build family homes in Hyde.

Manchester based developer Nook and Key approached the Fund after seeing a banner on a site in Manchester city centre.

Director Ross Gardner said: “We actually had our finances lined up with about seven offers from different institutions and were all set to go but after seeing the banner for the GM Fund we arranged to meet the team and we are really happy we did.”

The Fund agreed a £2.5m loan with an additional £1.1m from the Homes and Communities Agency.

The monies represent 85% of the development costs of the scheme and Ross added: “The fees are comparable to institutional lending but more crucially the amount allows us to free up our own equity and look at other sites and more schemes.

“It is a partnership and makes us as a small business a more attractive and safer proposition. It opens up avenues for other private investors and allows us to grow faster.”

The Church, St Stephens in Floweryfields, will be converted into 16 large one and two bedroom apartments in a scheme designed by Millson Asociates. All the apartments and the three and four bedroom houses will be for sale.

Full planning permission and listed buildings consent was granted by Tameside Council and work is due to start this month. The new build and the conversion will both start at the same time.

The company’s previous development is Heathfields in Salford, which is now sold out.

Director Mike Hampson said: “We have discovered that there is a lot of added value working with the fund rather than with a bank. We have received a huge level of support, not just financial but with the strategic positioning of the company and we were introduced to Manchester Place that may lead to more opportunities going forward.

“The Fund Team came out to see what we do. The quality we want to achieve and the mix of properties we will create in Hyde. Unlike a bank the Fund has the same goal as us – we want to build more houses. All our ambitions aligned.”

The 10-year GM Housing Fund has £300m to loan to viable housing schemes across combined authority area and the team is keen to hear from small and medium sized developers to see how construction can be accelerated.

More than £100m of loan funding has already been agreed but Fund manager Andrew Macintosh said: “We would encourage developers of all sizes to come and speak to us. Nook and Key are a perfect example of how working together we can get a wide range of housing get on-site and building more quickly.”

Two other loans were also agreed in the latest round: £10m to Waterside Places for 89 apartments and 12 townhouses at Islington Wharf and £6.9m to Azar Estates to build 24 houses on a site in Northenden Road, Sale.

You can find more details on this website under Funding or ring and speak to Martin Ewell on 07773 572703

 

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