The University of Manchester’s high-profile £1.5bn ‘innovation district’ ID Manchester will be realised as part of a joint venture between Bruntwood SciTech and Stanhope.
Place North West reports that UoM has chosen the duo to take the reins on the high-profile regeneration project – building 2.6m sq ft of offices and living space near the campus Sackville Street Building.
ID Manchester is set to create 6,000 jobs – attracting global organisations in science, research, development, culture and technology to Manchester city centre.
UoM has been seeking a partner to deliver the 18-acre project – Place North West says that Bruntwood and Stanhope have edged out competition from Peel L&P with Urban Splash.
ID Manchester has been described by UoM as “the place where the world’s most valuable ideas [will be] transformed into reality.”
Last year, Diana Hampson, Director of Estates and Facilities at The University of Manchester said ID Manchester would draw on “Manchester’s ecosystem of ideas, discovery, research and development [and] provide the canvas on which all those strands can come together to take urban regeneration to a whole new level.”
She added: “ID Manchester will be where our most valuable discoveries today, are tried, tested and developed into the technology, buildings and commerce of tomorrow.”