AS Manchester’s skyline continues to thrust skywards, with major developments such as St John’s, Circle Square and Great Jackson Street set to utterly transform the city silhouette, one of Manchester’s forgotten giants has sprung back to life.
The site has planning consent for 650 apartments strategically located next to Manchester’s newly proposed HS2 terminal
Irish developer Ballymore has appointed CBRE to sell off its three-acre Piccadilly Central development site behind the city’s main train terminus, with bids expected to be in excess of £25m.
In 2005 plans for a giant 60-storey glass tower - designed by Woods Bagot and submitted by Inacity – were approved by the council, alongside a flagship 220-bedroom four or five star hotel.
At 616 feet tall, the tower (formerly known as Eastgate Tower) would have surpassed Manchester’s current tallest building Beetham Tower by 62 feet – making it, at the time, Europe’s tallest residential scheme.
However, the scheme hit the buffers in 2008 once the recession took hold.
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Now the site, which has planning consent for 650 apartments, strategically located next to Manchester’s newly proposed HS2 terminal, is back on the market.
Steven Verity, senior director at CBRE Manchester, said:
"Piccadilly Central is without doubt one of the most prime, high-profile sites on the market within the region. Even without taking into account the HS2 hub which will be on the doorstep, the site is already one of the most strategic in the city as it is adjacent to one of the North's busiest transport interchanges Piccadilly Station. We anticipate high levels of interest in this unprecedented opportunity."
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