£300m plans for development of City Centre

Hopes of putting a notorious brownsite in Manchester City Centre to use have been boosted after a property firm revealed their plans for a £300m, two-site development project in the city.

Urban & Civic bought the old Origin site, which has lay unused since the plug was pulled on a previous construction project, on the corner of Princess Street and Whitworth Street on the edge of the Gay Village. The other site is another infamous eye-sore – the Renaissance Hotel building at the top of Deansgate.

The firm plan to pump £225m into the Deansgate site, building four blocks containing up to 600 apartments, a 200-bed hotel as well as an underground car park and street-level commercial units. The work is scheduled to begin in 2018, and should take three years to complete.

The remaining £75m will be put into developing a hotel consisting of three blocks, with 165 beds and either 240 apartments or 270 student flats on the Princess Street site, one of the busiest parts of town. Work on that site could be finished as early as 2019, taking roughly three years to complete.

TNT News

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