Council Set to buy Central Park

Manchester City Council has agreed terms to acquire the 72-acre Central Park in East Manchester from the Homes & Communities Agency, with a view to appointing a developer to bring forward a business park for creative, media and technology companies.

Around 700,000 sq ft of commercial space has already been built on the site over the past 10 years, as part of a development agreement with Ask and Goodman Developments which expired last summer.

Completed projects include the regional headquarters for Fujitsu, One Central Park, Madison Place, and the Greater Manchester Police Force’s divisional base.

There are around 40-acres of developable space left on the site, according to a report ahead of Manchester City Council’s executive meeting on Wednesday 9 September. While the original masterplan for the plot was to bring forward an IT-led business park, the report outlines that the success of the nearby Sharp Project suggests that Central Park would be a “viable location for the development of those businesses which sit within our key economic growth sectors such as creative, media, digital and technology related sectors”.

A potential use for the site is to bring forward a multi-let mixed-use estate.

The HCA has the freehold interest in the park as part of its ownership of former North West Development Agency assets. According to the report, the HCA has received interest in the park, but the council believes that “it is best positioned to take a longer term and cohesive strategic view of the central Park’s development and direction”.

Subject to the formal approval of the purchase at the executive meeting, the council will appoint agents to assess developer interest.

Ben Street Clayton Main image

Ben Street

Brentwood Lettings are pleased to present this newly decorated 2 bedroom terrace to rent in Clayton. Within…

Price: £ 575.00 pcm
Teddington Road New Moston Main image

Teddington Road

**IDEAL FAMILY HOME** Brentwood Lettings are pleased to offer this spacious 3 bedroom semi detached property to…

Price: £ 600.00 pcm
St Georges Drive Moston Main image

St Georges Drive

Brentwood Lettings are pleased to present this delightful family home which is ideally located on a quiet…

Price: £ 700.00 pcm
Honister Road Moston Main image

Honister Road

Brentwood Lettings are pleased to present this spacious 3 bedroom Semi detached property to rent in Moston.…

Price: £ 599.00 pcm
Lowton Avenue Moston Main image

Lowton Avenue

Brentwood Lettings are pleased to present this two bedroom Terraced property which is situated in the Moston…

Price: £ 540.00 pcm
Silton Street Moston Main image

Silton Street

Brentwood Lettings are pleased to offer this 2 bedroom property located in the Moston area. The property…

Price: £ 540.00 pcm
Ruth Avenue New Moston Main image

Ruth Avenue

Brentwood Lettings are pleased to present this immaculately presented 2 bedroom terraced property which is ideally located…

Price: £ 575.00 pcm

Property Management

We manage properties throughout Manchester for investors all over the world. Contact us to talk about your property

Lettings

We provide a let only service for those landlords who wish to self manage their properties

Maintenance

We provide a full range of maintenance services, from safety inspections and repairs right up to full refurbishments

Local Property Experts

We know North Manchester like the back of our hands, chat with us for all the latest news and trends in the area

Investor Tips

Being your people on the ground, we find out about the hottest and most lucrative of local investment opportunities first hand.

Advice & Support

We are available to talk about the Local Property Market and your individual properties whenever suits you, book a call with us today