Developer wins out from shortlist of three
U+I has been selected for an £850m mixed-use scheme to regenerate a 24-acre site around Mancheter’s derelict Mayfield railway station.
The developer was selected from a shortlist of three, which also included Urban & Civic and a consortium formed by Carillion, Ask and Patrizia.
The client, the Mayfield Partnership, is comprised of LCR, Manchester City Council and Transport for Greater Manchester, advised by JLL.
U+I has drafted in architect Studio Egret West to draw up plans for the site, which is adjacent to Piccadilly station.
These include 1,300 homes, 75,000 sq m of office space, a 350-bedroom hotel, retail and leisure facilities and a new city park, in total creating over 7,500 office, retail, leisure and construction jobs.
Sir Richard Leese, leader of Manchester City Council, said: “The regeneration of this key gateway site, along with the proposed Network Rail Northern Hub scheme and HS2 station will ensure a lasting legacy for Manchester and over time contribute towards fulfilling the Northern Powerhouse growth agenda.
“We are confident that U+I has the expertise and experience to successfully drive this world-class development forward and are now excited to see our vision for Mayfield take shape.”
Matthew Weiner, chief executive of U+I, said: “We are passionate about Manchester, and we are passionate about transforming a place with a proud industrial heritage into a 21st Century hub, realising its potential while respecting its past.”