Manchester is internationally known for its iconic music scene, trendy eateries, cobbled streets and being home to some of the most successful football teams in the world. Regeneration across the city is set to increase, as the local government announces huge investment.
Manchester United’s ‘world-class’ stadium
Manchester United’s iconic stadium, Old Trafford, fondly nicknamed ‘The Theatre of Dreams’ by Sir Bobby Charlton, is set to receive a huge redesign to enhance the stadium and the local area.
Deemed to become the ‘Wembley of the North’, the regeneration project of Old Trafford is predicted to add £7.3 billion to the economy, reinforcing Manchester as a thriving global hub. The incredible regeneration project represents the biggest sports-led regeneration scheme since the London 2012 Olympics, showcasing Manchester as a key focus city of the UK.
The Capital of the North
Widely regarded as ‘The Capital of the North,’ Manchester has been growing at pace for the past decade. A new growth plan recently announced by the UK government highlights Manchester’s strength as a city, with new regeneration projects expected to add £10billion to the local economy.
The scheme is designed to reveal Manchesters ‘untapped potential’ and will bring 90,000 new jobs to the city. Multiple areas across the city are set to receive investment, with the regeneration developing the city centre and several boroughs.
A city of transformation
Fully backed by the UK government, Manchester is internationally viewed as a top UK city, attracting significant attention from global investors. The recently announced 10-year growth plan is set to increase the demand to live, work and invest in this city even more. The North West is also leading Savills’ sales price growth projections, with 30% growth forecasted between 2025-29.
Invest in a world-renowned city
Luxury development One Port Street is completing later this year. Located in Manchester city centre, One Port Street is redefining city living, with premium amenities including a 2,000 sq ft swimming pool, state-of-the-art gymnasium, leafy rooftop terrace and ambient co-working spaces.
Ideally located in one of the city’s most iconic districts, the Northern Quarter, One Port Street is set to attract Manchester’s highest earning renters. For more information on securing a luxury apartment in One Port Street, enquire here.
Investing with Select Property
Select Property is a leading UK development company with over two decades of experience, specialising in luxury property across the UK’s top investment cities. We are proud to work with a global investment community, with offices in Manchester, Dubai, Shanghai and Hong Kong. We have a range of property investment options available across the UK, including off-plan and complete. Contact us today to learn more and develop your investment portfolio with a trusted partner.