£3.6million for development in East Manchester - MIDAS

£3.6million for development in East Manchester

The NWDA has awarded urban regeneration company New East Manchester (NEM) £3.6million to acquire and remediate the Crossley Works site.

The Crossley Works site, on Pottery Lane in Openshaw, is a 3.3ha (8.2 acres) site. Support from the NWDA will enable New East Manchester and Manchester City Council to deliver a high quality, landmark development on the site, which will complement adjoining sites, including The Manchester College and SportCity.

The investment will secure the site under public ownership and pay for demolition, decontamination and preparation of the site. Remediation will make the site ready for future redevelopment, which will be for employment or commercial uses which tie in with wider plans for the area.

Mark Hughes, Executive Director, Economic Development, said: “Purchase of Crossley Works will ensure that future development of this site can be undertaken in a positive manner that complements the wider vision established for the regeneration of East Manchester.
“The objective of the project is to secure control and ownership of a strategically located site and to ensure a new development is created there that will promote and contribute to the employment aspirations of east Manchester.”

Eddie Smith, chief executive of New East Manchester said; “It’s great that, with the help of the NWDA, we’ve been able to acquire this strategically important piece of land. We are in discussions with The Manchester College with a view to extending education facilities onto Pottery Lane, which will be subject to funding.

“Purchase of the site is also consistent with our objectives to promote development on the inner ring road – incorporating Hulme Hall Lane through to Alan Turing Way through to Pottery Lane – as an Arc of Employment. We will now work towards remediating the land ready for its new use.”

One of the key drivers for economic development within east Manchester will be the establishment of two corridors of employment activity. One is the Alan Turing Way Arc of Employment and the second is an Arc of Employment along Great Ancoats Street. These two corridors will be the focus of future employment development and investment strategies.

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