Category Archives: Expat Investment

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Buying Manchester

 

Manchester town hall leaders recently announced stunning new plans to reshape the landscape of the city of manchester. Plans include new neighbourhoods, a vertical village, new skyscrapers and new stations and several new public spaces. The new city master plan first phase will take 5 years.

In the pipeline is:

  • a £1.35 billion redevelopment of the old Granada television site
  • a vertical village in St. Johns
  • improvements to three stations and surrounding areas, Piccadilly, Victoria and Oxford Road
  • expansion of the superb First Street development and new tram station at st peters square
  • new skyscrapers in the vicinity of the lone Beetham Tower
  • hundreds of new apartments in Ordsall and Ancoats

These developments should they come to fruition will link some of the outlying urban areas in Manchester to create a truly great metropolitan city to rival any in europe. Watch this space!


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Salford Quays

Work has already begun on a new £20m scheme at MediaCityUk. The 100000 square feet development will include a new hotel, quirky office space and studio accommodation. The project is due for completion by summer 2016. There is plenty of pent up demand for creative and digital start ups. Currently Media City is home to the BBC, ITV, and over 200 creative companies. This is simply insufficient to meet current demands.

Four floors of the 10 floor structure will be given over to a 112 bed premier inn hotel. the development is being undertaken by Peel who have systematically transformed the entire area. The dedicated space, called ‘Tomorrow’,  for mainly media and tech companies will be open plan allowing them to ‘create’ their own workspaces.

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The Managing Director of MediaCityUK, Stephen Wild, said:

“MediaCityUK has been a key trigger in the explosion of creative start-ups and national relocations so it’s essential that we give these businesses the right type of space and the flexibility to grow organically.

“The design of Tomorrow is experimental, quirky and a little bit different and what will be on offer at Tomorrow will be complementary to the state-of-the-art digital technology in broadcast and production, audio and virtual reality arena currently offered at the Landing and Dock10. Equally, MediaCityUK has become a thriving destination and our new hotel will be able to service the increasing number of people visiting the area”.


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Langworthy. Worthy of attention.

Langworthy continues to grow in popularity. Rebuilding of the so called Chimney Pot  ‘upside down’ houses in Langworthy has recommenced recently.  The area is now popular with a wide range of people, attracting students, young professionals as well as families. In the last 10 years the area has seen development of modern new homes from Urban Splash, Seedley South Block Improvement Scheme, alleygating schemes and the redevelopment of Emmanuel Church.

This change in the area is further endorsed by Salford City Council who state on their website: ‘The area has seen a huge increase in buildings and population recently due to the construction of large numbers of apartments and flats. ……. Langworthy is now considered an attractive area in which to live and invest.’

Langworthy is definitely on the up!