UrbInfo Manchester October roundup


Manchester's property boom has been in overdrive for yet another month. Back in August, UrbInfo wrote about how there were more apartments, more office space and more hotel bedrooms under construction and proposed in the city since the recession.


Well, the headline for our October roundup is that there are more apartments, more office space and more hotel bedrooms under construction and proposed in the city since the recession. In August, the headline-breaking record was that there were 17,556 apartments under construction in the city. Now, there are nearly 20,000. Back then, there was 3.8 million sqft of office space proposed for the city. Now, there is nearly 4.3 million. It's a similar story for hotels and student accommodation too.


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Residential


Over 2,000 homes started construction in and around central Manchester in October 2018. This represents the biggest jump in construction starts witnessed in a single month since the recession.


Far East Consortium broke ground on their 751-home Meadowside scheme, behind Victoria station. Phase 1 will see the rise of Plots 2, 3 and 5 - 22, 17 and 12-storey residential buildings which will sit on the north and south sides of Angel Meadow. Once these are nearing completion in 2021, work is planned to start on Plot 4 - a 41-storey, 128-metre tall tower, planned for the east side of Angel Meadow.


Meanwhile, Select Property Group have also started on site at Embankment West in Greengate, Salford. Split over two buildings, 16 and 18 storeys in height, the residential aspect of the proposal will feature 356 apartments sat above ground floor commercial units.


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Embankment West will feature 356 apartments, a 147-bedroom CitySuites aparthotel and ground floor retail units.

After completing construction on phase 1 of their Middlewood Locks mega-scheme in September 2018, this month Scarborough started on site at phase 2. Designed by WCEC, and set back from the canal, phase 2 will deliver 546 more apartments over four buildings.


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Several slightly smaller residential schemes have also started construction in October. After securing planning approval in July, Countryside Living have now broken ground on the final phase of their New Broughton scheme in Salford. Fronting Green Grosvenor Park, six new buildings ranging in size from three to six storeys will deliver a total of 299 apartments to the Broughton area.

Countryside Living have started on site at Clarence Street, Broughton

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At the other end of the construction spectrum, CEG have submitted a planning application this month for 20-36 High Street, which involves the demolition and redevelopment of an ugly 1960s office block. The scheme - designed by Fielden Clegg Bradley and pictured below - features a mansard roof which takes inspiration from Manchester landmarks such as Sunlight House. At 22-storeys, it will contain 361 apartments sat above a 12,000 sqft retail and leisure arcade which is planned to link the Arndale with the Northern Quarter.

20-36 High Street, designed by Fielden Clegg Bradley, takes inspiration from Sunlight House

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Commercial


After a relatively subdued 2018, the commercial pipeline for the city appears to be on the increase again. At the start of the month, Ask Real Estate submitted a planning application for Plot 9A of their ongoing First Street masterplan. At 16 storeys, Ask will deliver 160,000 sqft of office space on floors 2-11, and 205 hotel bedrooms on floors 12-16. The ground floor will feature a split hotel/office lobby together with a two-storey commercial unit for occupation by a bar/restaurant or shop. The scheme was designed by 5Plus.


After securing Booking.com as a primary tenant, Allied London have resubmitted their planning application for Manchester Goods Yard, the key commercial component of their St Johns masterplan near Spinningfields. Under the redesign, the Goods Yard has been split into three blocks at ground level allowing two new retail arcades to be cut through at ground floor. A new commercial building - No1 Grape Street - has also been introduced. The overall scheme will now deliver much more office space than the previous proposal, with over 340,000 sqft planned.

The redesigned Manchester Goods Yard proposal at St Johns, showcasing Booking.com as primary tenant.

Hotels


At Select Property Group's Embankment West scheme, which started construction this month, as well as 356 apartments there will also be an 18 storey, 147-bedroom CitySuites aparthotel. This is following on from the success of their first CitySuites venture, which is located next door. CitySuites II will face Ask Real Estate's 101 Embankment office block, which is home to Swinton Insurance.


Ask Real Estate also published proposals this month to deliver a 205-bedroom hotel on the top five floors of a mixed-use block at First Street (see 'Commercial' section for more details).


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After a two-year determination process, Manchester City Council finally granted planning approval this month to convert the Gardens Hotel on Piccadilly into an 82-bedroom Hotel Indigo. A separate planning application has also been approved this month on vacant land at the back to build a 7-storey extension to the hotel, which will bring the total number of hotel bedrooms at Hotel Indigo Piccadilly to 142.

Hotel Indigo have won planning approval for a 7-storey extension to the Gardens Hotel, Piccadilly.

You can download detailed market research intelligence on all Manchester residential schemes by clicking here.


Check out the Manchester Development Map for a free, spatial perspective on the city's developments.


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