One of Manchester’s most recognisable landmarks has gone on the market, priced at a cool £42.85 million.
The Corn Exchange in the city centre is home to some of the biggest restaurant chains in the world, as well as some local gems.
The Grade II-listed building used to be a shopping centre known as The Triangle, before it was redeveloped and relaunched in its current guise in 2015.
These days, the Corn Exchange is home to brands including Salvi’s, Tampopo, Mowgli, Pizza Express, Zizzi and Pho.
The Corn Exchange is up for sale. Credit: Flickr
It also contains a Roomzzz Aparthotel, an escape room, and a branch of the Sixes Cricket Club.
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The 134,199 sq ft property has been listed on Realla this week for £42,850,000.
The listing states that the 18 leases bring in a net operating income of £2,931,470 a year.
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Aviva fund Norwich Property Trust bought the property from Blackstone Group and Milligan Retail Resorts in 2005 for £67m, and it’s since undergone a restoration reported to be worth £30m.
The full sale listing says: “The Corn Exchange is an extremely attractive former market hall which was extensively redeveloped between 2015-2017.
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“It comprises a restaurant and leisure scheme on the ground, lower ground and first floors with extensive external seating areas both around the perimeter of the scheme and within the atrium space at its centre.
“The upper floors provide an aparthotel which perfectly complements the restaurant & leisure uses at ground floor.”
Plans for a new cultural hub in Wythenshawe have been green-lit
Danny Jones
Proposals for a new cultural hub in Wythenshawe have officially been approved, with the overall regeneration plans valued somewhere in the region of £500 million.
The Greater Manchester town has long been accused of being neglected by local authorities and investors, but now natives and those living in and around the area are being asked to consult on what has the potential to be a huge transformation.
Wythenshawe town centre could look almost unrecognisable should everything go according to plan, not to mention inject a much-needed boost to the arts and creative industries in the area.
Put simply, this could be huge for a place long overlooked and deserving of some TLC.
Credit: Manchester City Council
The simply titled ‘Culture Hub’ will aim to create a new community outlet and environment for everyone to enjoy, allowing them access to professional facilities and support, as well as further tap into that vital grassroots culture and creativity.
While the UK government has a total of £4.8bn set aside for infrastructure and regional disparity works that fall under the initiative, the Culture Hub was set to cost £20m back then, though Wythenshawe is looking for an estimated half a billion to upgrade their town centre.
As per an official press release, the hub is set to sit within Civic – Wythy’s much-loved shopping complex – and will include space for food and drink on the ground floor, as well as a mix of artist studio spaces and flexible areas for workshops, exhibitions, classes or local events on the first floor.
The Council itself is set to contribute a further £11.9m, as they hope to back future plans for a bustling new food hall spilling out onto an updated public square, with new workspaces for independent start-ups and growing Manc businesses.
Credit: MCC
Meanwhile, a new 200-seater performance space will be created on the second floor, “providing a backdrop for a diverse range of performances, whether it’s dance or drama, music or modern art, there’ll be something for everyone.”
As touched upon, a larger public square will also be included, with improved outdoor areas, new paving and, crucially, more trees, plants and green spaces to make the town centre a much more natural, vibrant and welcoming space.
Private construction company Muse was appointed as the development partner for the new cultural hub and further Wythenshawe town centre regeneration initiative back in August 2024; as a local firm, they have a heavily vested interest in the 30,000 sq ft site and the surrounding area.
Work on the Culture Hub is due to commence this autumn, with the opening scheduled for some time in early 2027 – touch wood.
Credit: Manchester City Council (MCC)
Councillor Gavin White, who serves as an executive member on Manchester City Council’s executive housing and development team, said:“The Culture Hub planning approval is a really exciting milestone in the long-term regeneration of Civic.
“This is a statement of intent of how serious we are about investing in Wythenshawe’s town centre – and this is an early sign of what is to come. We want to build on the destination potential of Civic, create opportunities for local people and visitors to spend time in the area, and widen the offer for our residents to enjoy and participate in the arts right on their doorstep.
“High streets are the soul of our communities and we are investing heavily in our town centres across the city, including Gorton and Moston, to celebrate how they bring people together, support businesses and help grow local economies.
“This is just the start for Wythenshawe, and the conversation we are having with local people is ongoing to make sure we can be guided by the very people who live and work in this community. I’d urge as many people as possible to tell us what they think about the future of their area.”
Joe Stockton, senior development manager at Muse, added:“Getting the green light for the new Culture Hub is a major milestone in our once-in-a-generation plans to work with local people to transform Wythenshawe town centre.
“The feedback that we’ve received so far for the hub has been really positive with many seeing it as a creative space where people and groups of all ages can spend time, learn new skills and explore culture in a positive way.”
“We look forward to getting started on construction later this year, which we hope the people of Wythenshawe will see as a significant sign of our intent to drive this project forward with their ongoing support.”
Featured Images — CGIs via Manchester City Council
Property
Work finally begins on site of UK’s first majority LGBTQ+ housing scheme in Manchester
Emily Sergeant
Work has finally got underway on the start of the UK’s first majority LGBTQ+ housing scheme here in Manchester.
The exciting new £37 million flagship development – which is being built on the site of the former Spire Hospital on Russell Road, in the Whalley Range area of Manchester – will be comprised of 80 one and two-bedroom apartments for older people over the age of 55 for social rent, alongside an additional 40 affordable shared ownership apartments.
Plans for the scheme have been co-produced in partnership with the Russell Road Community Steering Group, Manchester City Council, and the LGBT Foundation.
Delivered in partnership with contractors Rowlinson, and funded through Great Places, the Homes England Strategic Partnership, GMCA Brownfield Housing Fund, and Manchester City Council, the high-quality and sustainable building will offer a ‘safe and welcome feel’ with an ‘inviting presence’.
While the goal is to create an inclusive space, the scheme has also been designed to respect the surrounding conservation area.
On top of this, the low carbon scheme will also feature shared communal facilities including lounges, treatment rooms, and landscaped gardens.
The Council says the new scheme is part of its ambitious target to deliver at least 36,000 new homes across the city region by 2032 – at least 10,000, of which, will be social rent, Council, or considered ‘genuinely affordable’ housing.
It comes after more than 800 ‘Extra Care’ homes have been built in Manchester in recent years, and are another 1,000 are in the pipeline – to meet the demand for older people in the city.
A CGI of the newly-approved LGBTQ+ Extra Care housing scheme development in Whalley Range / Credit: Manchester City Council
“This is a real milestone moment for this development,” commented Cllr Gavin White, who is the Executive Member for Housing and Development at Manchester City Council.
“The Council has believed in the positive impact an LGBTQ+ majority housing development could have for this community for many years, and to celebrate the social rent homes officially starting on site is a great moment for the city.
“Working with the LGBT Foundation, we know that older LGBTQ+ people worry about being able to access appropriate and inclusive housing later in life. Although we hope all older person’s accommodation is welcoming to everyone, this scheme will provide safe, secure and affordable housing for LGBTQ+ people to live with dignity.
“We look forward to the completion of these homes that will complement and enhance this part of Whalley Range, and be an important part of this community.”
The project is scheduled to be completed in Summer 2027.
Daisy Jackson -
31st May 2022 
