Transport for Greater Manchester (TfGM) has unveiled a short film highlighting how investment in transport is set to drive economic growth and urban regeneration in Greater Manchester.
The film, which was unveiled at leading international property conference, MIPIM, showcases the opportunities for investment in Greater Manchester, underpinned by Transport for the North’s Northern Transport Strategy and major transport schemes including HS2 and Northern Powerhouse Rail.
Key opportunities for development include the areas surrounding Manchester Piccadilly railway station, including the Manchester Central development and the 24-acre Mayfield site, which is set to be transformed with 1,300 homes, 75,000 sq m of office space and a 350-bedroom hotel as well as retail and leisure facilities.
TfGM is also assessing the development of outlying residential and retail schemes as part of the interchange renewal programme which is set to create new transport hubs in Stockport, Tameside and Wigan – further supporting economic regeneration and commercial investment.
The video, which was created by Paper Films on behalf of TfGM, was presented by TfGM’s Chief Executive, Jon Lamonte, as part of the Manchester at MIPIM section of the event, coordinated by Marketing Manchester.
Investment in transport in the north is predicted to add £37 billion to the region’s GDP and Transport for Greater Manchester is working closely with Greater Manchester Combined Authority (GMCA) to ensure that the city-region capitalises on the opportunities which the northern powerhouse scheme presents.
Jon Lamonte, Chief Executive of TfGM said: “The sheer scale of transport investment, currently taking place and Greater Manchester’s place at the heart of the Northern Powerhouse is transforming the city region.
“This is transforming land values, and generating new uses from regeneration sites that are now getting the links they need to maximize their potential.
“By bringing the capital closer and forging a super-connected and productive network of Northern City Regions, transport is creating a series of fantastic development opportunities and enormous potential.”
