Manchester: Regeneration Across the City

Old Trafford Stadium

Sir Jim Ratcliffe, a co-owner of Manchester United, has presented a £2 billion idea to replace Old Trafford with a ground that can be utilised as a national venue. Trafford Council approved the vision as it perfectly aligns with the wider plan to regenerate Trafford on a larger scale. The council’s plan for the project aims to attract new life to the Trafford Wharf area. And Old Trafford Stadium will play a critical role in this upgrade. The vision for a new Manchester United’s home ground to be a ‘Wembley of the North’ has been welcomed by council chiefs. 

Research by Visit Britain shows that the home of the Manchester United Football Club received the highest number of international visitors compared to other stadiums. It is also one of the most visited places in the North-West. With plans to improve the stadium and surrounding areas, these numbers will only increase. This project aims to increase visitor stay durations in Manchester, therefore increasing demand for short term lets.

New stadiums at Tottenham, Everton, and Manchester City have all highlighted the success of how regenerating an area can keep fans there for longer on match days.

NOMA

NOMA is one of the largest redevelopment schemes across Manchester. Covering an incredible 20 acres and costing over £800 million. The name of the project was founded from the location of the project, North Manchester. The scheme is one-of-a-kind, reshaping the heart of the city. 

The plans for NOMA were first announced back in 2011, and completion is due to be in 2029. Impressively, NOMA has already brought over 5000 jobs to Manchester, with over 550,000 sq ft of office space. There has been a noticeable relocating in major businesses moving offices to the North and NOMA is now home to Amazon’s first HQ outside of London.

NOMA has created over 1 million sq ft of luxury property developments and 200,000 sq ft of hotels to keep up with the demand in the city. Bringing green spaces is a main focus of this scheme, offering over 4 acres of residential outdoor space.

Located at the heart of the NOMA project, you will find One Angel Square. One Angel Square takes sustainability and innovation to the next level. It achieved the title as one of the most sustainable buildings in Europe. 

Wythenshawe Town Centre 

The project is set to transform the 1970s shopping centre and surrounding land with an inspiring plan. It is set to deliver a new public square, new shops, zero carbon commercial and cultural space, and over 1,500 new homes. The housing will be available with a range of pricing options, including affordable rent and shared ownership. A separate process is also happening to start research to construct a plan for the cultural hub. Support from an experienced partner is required to ensure it reaches expectations for the community. 

Since gaining possession of the Civic shopping centre in 2022, the Council has consulted with local people and businesses. The feedback from the council speaking with local people created a new development plan that was accepted by the Council’s executive in January 2023.

Redeveloping the town centre will create improved amenities for the residents and visitors to enjoy. This will further boost the demand for housing in the area. Many buyers now look to locate to places with easy accessibility to everything they could need.