Glenbrook has agreed a deal to acquire a residential-led development site from Manchester City Council.
The underused multi-storey car park sits on a 1.54-acre site on Church Street in Manchester’s Northern Quarter. The redeveloped site will deliver more than 300 new homes, including 60 affordable homes, in addition to new commercial space and public spaces.
The final legal negotiations with Glenbrook will conclude over the summer prior to public consultation to inform a future planning application.
Bev Craig, leader of Manchester City Council, said: “For too long the Church Street car park has been an eyesore and a barrier to the ongoing success of the Northern Quarter. We want to bring forward a world-class development that has the potential to completely transform this part of the neighbourhood, together with the newest city centre public squares and green spaces.
“As part of this, we want to make sure that the businesses that make their home here reflect the independent ethos of this community, complementing and helping to enhance the wider neighbourhood. As such, this development will also celebrate the distinct architectural heritage of the Northern Quarter and honour the history of the area. We felt Glenbrook shared these ambitions, understood how the development of this site should sit within its context, and create a new neighbourhood that supports the success of the Northern Quarter and the wider city centre.”
Ian Sherry, director at Glenbrook, added: “The Church Street site represents a unique opportunity in the heart of the Northern Quarter, a neighbourhood and community that is alive with energy and creativity, and Glenbrook is delighted to play an important role in its future growth.
“To be selected as the council’s preferred purchaser is a huge accomplishment for our entire project team, who have all immersed themselves in the submission. We look forward to jointly delivering an outstanding project for the Northern Quarter community and supporting the city’s continued growth agenda that confidently projects its future as a globally recognised destination.”
CBRE advised Manchester City Council.
