Property Know

Did you know that Manchester is currently the fastest growing city centre in the North West, employing over 1.2 million people and an estimated 400,000 residents. For visitors coming into Manchester you may have noticed parts of the city centre is under construction, the rise of new office blocks and commercial property everywhere.

This is due to a massive regeneration project, which is happening in every quarter of Manchester. In the next 10 years, it is expected that the city will continue to experience considerable commercial development in order to maintain substantial growth. In particular The Great Northern will be home to a new 46,000 square foot casino, expected to be opened in early November 2006, which is operated by the London Clubs International, hoping to attract many visitors to the area.

There are also reports that the local government are discussing plans for a £600 million extension to the present Metro link extending it to Oldham, Rochdale and East Manchester and possibly Disbury, creating easier access to the vibrant city. Other plans are the housing renewal projects such as New East Manchester and the Oldham and Rochdale pathfinder projects, which look set to completely transform these towns, making it more appealing to outside investors, especially with links to the city centre improving rapidly. The next 12 months will see even more active projects.

So Manchester is gradually expanding! We will update you when we find more information about potential expansion plans, that will consequently effect and hopefully cause an increase in property value and activity!