A major new development in Manchester has been unlocked thanks to a successful bid to the Housing Infrastructure Fund (HIF).

Manchester City Council has succeeded in their bid for £51.6m which will lead to 5,500 new homes being built over the next 10 years – a scheme they’re bringing forward alongside their joint-venture partner Far East Consortium who’re speaking at our Greater Manchester Development Conference.

The Northern Gateway project will be set across 383-acres and this initial investment will help transform the first 49-acres of brownfield land. The funding will be used to bring much needed infrastructure to the site – with new walking and cycling routes set to be added. [emaillocker id=”71749″]

Cllr Suzanne Richards, Exec Member for Housing & Regeneration at Manchester City Council, said: “This will mean we can overcome a number of major infrastructure hurdles that currently limit the development opportunities in the Northern Gateway area, and will unlock land for new housing, including a significant number of affordable homes. The Gateway project is beginning to build a real head of steam and it’s exciting to see the building blocks of this ambitious project come together. In the meantime, we will continue to work closely with residents to ensure they are central to the conversation as we begin to move towards the delivery of new homes for Manchester.”

Tom Fenton, Project Director at Far East Consortium who’re speaking at the Greater Manchester Development Conference, added: “Many people have worked incredibly hard on this bid to government and this announcement is the perfect catalyst to unlock momentum and become the basis for further strategic investment. We are really pleased that the government have shown confidence in our collective ability to deliver and it’s a real vote of confidence for the project and we can’t wait to get started.”

The firm, alongside the Council, are now set to submit a planning application in the summer for the first-phase of development. In total the Northern Gateway site could house over 15,000 new homes with 3,000 of those being affordable – with development over a 20 year period. Farrells (masterplanner) and Buttress (architect) have been involved in the scheme.

Click here to register for the Greater Manchester Development Conference >

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