Mayfield Partnership has recently confirmed that the regeneration specialists U+I will develop the new £850m Mayfield Quarter Regeneration project in the heart of Manchester.
Mayfield Partnership is a joint venture made up by London & Continental Railways, Transport for Greater Manchester and Manchester City Council.
U+I will obviously be delighted with this new contract win, as they were up against strong competition from Urban & Civic and a consortium formed by, Ask, Patrizia and Carillion.
This new regeneration scheme, which will sit on the derelict 10 hectare site next to Piccadilly station, will offer over 1,000 new homes, offices, retail space, a new hotel and leisure facilities.
Due to the sheer scale of this exciting project, it is likely that it will create over 7,000 new jobs, which is fantastic for the local and surrounding communities. It is thought that an outline planning application will be ready during the first half of next year.
This is fantastic news for Manchester and has come shortly after news of 600 new homes being built on key sites near Victoria Station, which is being developed by Far East Consortium International (FEC).