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MCR Named UK 'City Of The Year' For Development

'We could do even more with devolution and greater freedom' says Sir Richard Leese

Published on October 17th 2014.


MCR Named UK 'City Of The Year' For Development
 

MANCHESTER has been named UK 'City of the Year' for its success in delivering major regeneration projects and attracting international investment.

"Greater Manchester's economy is larger than that of Wales and yet we are hampered by a devolution deficit. While this award is hugely welcome, it does not mean there isn't much more we could do." 

The award was presented to the city on Thursday 16 October in London during the inaugural Estates Gazette/MIPIM UK Awards - the UK version of the international property and development showcase, MIPIM.

Manchester is Britain's fastest-growing city and the amount of ongoing and forthcoming construction work going on around the city is unprecedented since the 1990s.

Damian Wild, editor of Estates Gazette, said: “Manchester was recognised for its success in attracting international investors, its pragmatism in delivering capital projects and its vibrant occupier market. Under the leadership of Sir Howard Bernstein and Sir Richard Leese it sets the standards by which all UK cities are judged.”

Examples of international investment include the key role which the Beijing Construction Engineering Group is playing in the £800m Airport City project and the city's constructive relationship with Abu Dhabi United Group, the privately-owned investment company which also owns Manchester City FC, which has this year seen the announcement of Manchester Life, a major new regeneration partnership.

Manchester has also welcomed significant transport improvement work to expand the city's Metrolink light rail system, major rail and bus improvements through the Northern Hub project and Cross City Bus Corridor, to the regeneration of NOMA, First Street (including the new HOME arts complex), St Peter's Square and the Civic Quarter.

Airport City

Airport CityAirport City

Sir Richard Leese, leader of Manchester City Council, said: "Manchester has always been an ambitious, can-do city, and we are grateful that this approach has been recognised by experts within the commercial property industry. While many investors are beginning to find themselves being priced out of London they are looking elsewhere and Manchester has established itself as an attractive option.

"This success is all about Manchester's established track record of the private and public sector working together constructively and wouldn't be possible without this pragmatic approach and partners who make things happen.

"We believe we are a city which understands its own strengths and has a strategy to build on assets such as our cutting edge research and creative and digital sectors as well as continuing to attract investment in more traditional sectors such as housing and commercial development.

"As the city devolution debate continues, we will keep pressing the case that we could do even more to attract investment and jobs - helping to complement London and strengthen the national economy - with greater freedoms to create the conditions for further growth. Greater Manchester's economy is larger than that of Wales and yet we are hampered by a devolution deficit. While this award is hugely welcome, it does not mean there isn't much more we could do."

Old Granada StudiosOld Granada Studios

EtihadAbu Dhabi United Group are the privately-owned investment company which own Manchester City FC

Lynda Shillaw, Property CEO at Manchester Airports Group said:

“Manchester is a major economy within the UK with a great talent pool and it is more affordable than London so it is the perfect location for foreign companies looking to test the UK market. Developments such as our 5m sq ft Airport City scheme have a strong international appeal.

Michael Ingall, chief executive of Allied London, said: “Manchester is a city with the ambition to match its potential.
 
“Working together with Manchester City Council we were able to deliver one of the most dynamic regeneration projects seen in the UK, the multi-award winning Spinningfields.

“But the city is always moving forward. Last year, in one of the finest examples of public and private sector collaboration, we were able to sign a development partnership with the City Council to bring back to life ITV’s 13.5 acre Quay Street complex.
 
“We’re now embarking on the creation of St Johns - a new community distinguished by its unique cultural history and diverse mix of inhabitants. It’s ambitious projects like this that show why Manchester could be the only possible winner of this award.”

The news comes as Ingall's Allied London announced plans for a major 200-bed hotel complex, the Manchester Grande, at its Old Granada Studios development.

Manchester GrandeManchester Grande

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22 comments so far, continue the conversation, write a comment.

AnonymousOctober 17th 2014.

Beloved by property developers disliked by city residents,Leese and Bernstein.

AnonymousOctober 17th 2014.

Agreed. The city would be better served by finishing the numerous half-finished noughties “regeneration” projects across the city; connecting it together in a way that makes it easier to manage and police, rather than throwing public money at another speculative "Quarter" the city cannot fill because someone’s paid the bar bill at MIPIM.

1 Response: Reply To This...
AnonymousOctober 19th 2014.

Good idea. But how do you propose to force private landowners and developers to finish their schemes within a time scale that suits public rather than private interests?

Jonathan TurnerOctober 19th 2014.

I presume the Tarmac finish outside Central Library because of lack of cash was glossed over? Is this really the best politicians can deliver to the people of Manchester?

1 Response: Reply To This...
ShithouseOctober 19th 2014.

Presumptive and incorrect. The tarmac is temporary before the new tram lines are put through - no point putting the final surface down only to rip it up again in a few months. A bit less presuming and a bit more engaging brain might do you well.

Strange Ranter IdiotOctober 19th 2014.

Mr Turner what a ridiculous thing to guess without knowledge when it is so obviously temporary.

Jonathan TurnerOctober 19th 2014.

Well I'm glad to hear it is temporary perhaps as temporary as the library walk may prove to be if there is any civic justice. I think your monickers say it all don't you?

1 Response: Reply To This...
ShithouseOctober 19th 2014.

You really do sound quite dense.

Jonathan TurnerOctober 19th 2014.

Clearly a public school boy...

1 Response: Reply To This...
ShithouseOctober 19th 2014.

Talking to yourself as well...?

Jonathan TurnerOctober 19th 2014.

Not really, I was brought up in Benchill - any thoughts? Are poor people congenitally thick? Clearly you didn't deny it for yourself. Mr 'Presumptive'

1 Response: Reply To This...
ShithouseOctober 19th 2014.

Hmm well now let's see. I'm poor, and I don't think I'm thick. I do think you're thick, that my opinion has nothing to do with where you're from or how well-off you are. For all I know you could be the Duke of Westminster - I don't make presumptions based on nothing - I think you're thick because you say stupid things and obviously have no self-awareness. You really should do something about that massive chip on your shoulder, too.

Jonathan TurnerOctober 19th 2014.

Sad riposte. I'm here because I want the best for Manchester - that's all. It's no wonder ordinary people are disengaged when there's pompous tailgaters around like you. The Ubiquitos Chip p.s. review your use of commas 'pal'

2 Responses: Reply To This...
ShithouseOctober 19th 2014.

You're here because you want an opportunity to moan for the sake of moaning, that's very obvious. That's not the sort of 'engagement' that does the people of Manchester any good.

ShithouseOctober 19th 2014.

P.s. review your spelling of ubiquitous, use of capital letters and fullstops.

AnonymousOctober 19th 2014.

Wow. Boring Sundays lads?

1 Response: Reply To This...
ShithouseOctober 19th 2014.

Yep, trying to distract myself from work.

AnonymousOctober 20th 2014.

I didn't know you could 'create' a community? A community isn't the buildings in an area it's the people that inhabit them, although to be fair, the NQ tries hard to be one and still isn't.

3 Responses: Reply To This...
AnonymousOctober 20th 2014.

Because it has a transient population which is generally middle class and NIMBY

rinkydinkOctober 23rd 2014.

Which is better than being a clueless dickhead

AnonymousOctober 23rd 2014.

Personal abuse and swearing is no substitute for argument.

AnonymousOctober 23rd 2014.

David doesn't seem to have read this article!

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