£185m Manchester regeneration scheme approved

£185m Manchester regeneration scheme approved

Planning permission has been granted for New Victoria, a multi-million-pound project which will revitalise a key part of Manchester city centre.

National developer Muse Developments, in partnership with Network Rail, has been given the go ahead by Manchester City Council’s planning committee to create a £185m mixed-use development on the 2.5-acre site on Corporation Street.

The ambitious project will see the creation of three new buildings: a 150,000 sq ft, Grade A, eight-storey office development, as well as two residential buildings.

The first phase of residential development will provide amenity space including a gym, 24-hour concierge, communal residents’ lounge, cycle storage and a roof garden. The office and residential buildings fronting Corporation Street will feature retail space on the ground floor. Car parking will also be provided, as well as improvements to the public realm.

David Burkinshaw, development director at Muse, said: "New Victoria offers an unparalleled location and an outstanding development opportunity. Securing planning consent is a key milestone for the project. Working closely with Network Rail, Muse can now advance the detailed design of the first phase of residential."

David Biggs, managing director of network rail property, said: We are pleased to be partnering with Muse on this exciting new development. The project will help us deliver our targets to release former operational railway land for homes.

"Being given the go ahead shows clearly that Network Rail’s £44 million investment at Manchester Victoria station has provided a major catalyst for wider regeneration in the city, delivering much-needed homes and development opportunities."