Corridor Manchester to begin £5.1 million transformation of Oxford Road - MIDAS

Corridor Manchester to begin £5.1 million transformation of Oxford Road

Corridor Manchester is set to begin its ambitious transformation of the Corridor – the Oxford Road area of Manchester – with the announcement to be made at the international property exhibition MIPIM (16 – 19 March 2010, Cannes, France) that it has secured £5.1 million funding for the first phases of new public realm works.

To be completed this year, new public realm works will be carried out to First Street, improvements will be made to the landscaping and Grosvenor Square at All Saints, Manchester Metropolitan University and outside the Whitworth Buildings at The University of Manchester. Together Corridor Manchester partners with the Northwest Regional Development Agency (NWDA) are investing £2.55 million and have secured £2.5 million from European Regional Development Fund (ERDF) to finance the work which will see significant improvements to these public spaces.

Jackie Potter, chief executive, Corridor Manchester said: “This is a significant first step for Corridor Manchester as we work to realise our ambitious plans to revitalise the Corridor making it a more pleasant, interesting and inspiring environment befitting of the institutions and organisations located there.”

The ERDF programme is backed by the Programme Monitoring Committee (PMC) – a group of senior representatives from across the region. The Group was formed to monitor, oversee and advise on the delivery of the programme and proved invaluable to the development of the new fund.

Councillor Val Stevens, deputy leader of Manchester City Council and member of the ERDF Programme Monitoring Committee said: “We welcome the significant investment in a key development area of Manchester and is another example of ERDF investment in the northwest, creating employment opportunities for the future.”

Source: Corridor Manchester

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