Manchester’s ever changing skyline
Have a look at the evening news amazing skyline predictions for Manchester. It truly is becoming a global city…..
Have a look at the evening news amazing skyline predictions for Manchester. It truly is becoming a global city…..
Manchester continues to offer great value to buy to let investors with returns of upto 8% on rental yields. This coupled with good long term growth potential in selected areas makes Manchester a great city to invest in.
According to HSBC’s annual buy to let analysis in June 2015 they found:
The city continues to expect a rise in population over the next 10 years and a deficit of house supply to cover this. This with other factors (northern powerhouse, HS2 etc) makes a Manchester the standout investment city in the Uk today.
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:
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!
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.
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”.