July 26 2017 0comment

Manchester’s property boom takes (city) centre stage

Manchester is currently in the midst of its biggest boom since the Victorian era, and the city centre is now home to an estimated 530,000 people. It’s not hard to spot how times have changed since 1990, when only a few hundred people called the city centre their home.

Fast forward 30 years, and the city’s flourishing skyline tells the tale of rapid development and a demand to satisfy the needs of an estimated 250,000 people expected to move to Manchester’s city centre in the coming years. With tall towers cropping up everywhere, to accompany the already existing recognisable landmarks, Manchester is soon becoming the place to be.

Manchester is already popular for its vibrant culture, thriving student population, buzzing nightlife and distinctive arts and music scene fueled by a world-famous cultural heritage. The city is now looking to achieve its ambition of rebalancing the country out of London.

But the increasing attention and significant population explosion poses certain important questions; such as the availability of quality and affordable housing and the need to conserve Manchester’s heritage while complementing it with modern architecture.

Property Alliance Group, Manchester’s market leading developer and a key player in the city’s property evolution has reiterated its commitment towards solving the two fold conundrum that the metropolis currently faces.

Matthew Jay, Managing Partner of Alliance Investments, the firm’s subsidiary and global sales arm acknowledged the need to address the issues at hand “It’s important to preserve the very things that make Manchester such an attractive place, and at Alliance we are committed to doing just that.”

Alliance Investments has already announced the development of several properties in the city centre that combine stylish architecture with a promise of superior quality of life for its residents. One of the most anticipated projects from the group is ‘Downtown’, the development stays true to its name and is only a 3 minute walk to the Manchester City Centre. Besides the 368, one, two & three bedroom ‘hotel-style’ apartments, the high rise tower will comprise of a 24 hour concierge, gym, spa, media room, communal roof garden, business center and undercroft car parking.

Tom Russell, who serves as Managing Director of Alliance Investments stated “Manchester is facing an unparalleled boom with businesses relocating and driving jobs, resulting in people from all over coming in. These are really exciting times, and we are proud to be the people driving this change. ”

Alliance Investments is also the developer behind another project called ‘Oxygen’ on Store Street. The stunning 31 story residential tower is set to consist of breathtaking sky gardens providing unparalleled views of Manchester’s skyline. The 345, one and two bedroom apartments and 12 townhouses will be complemented by state of the art leisure and amenities like a 5 star health club with spa, a 25m swimming pool, a Cinema room, 24 hour concierge and valet parking services. The tower will be a 3 minute walk to the Piccadilly station.

Ronald Garrett, Director of Sales at Alliance Investments added “We aim to create a wonderful balance between the city’s historic architecture and our vision of a sophisticated skyline. We do believe it’s important to think about the quality of the design and that’s why we have dedicated our best resources to our developments like ‘Downtown’ and ‘Oxygen’.”

It’s hard to predict what the future holds for Manchester and the city’s iconic city centre, but if Alliance Investments plans are anything to go by, it certainly seems like exciting times lie ahead, especially for people looking to make it their home in the near future and enthusiasts of good architecture.

For more information on Alliance Investments and their project developments in Manchester, visit http://alliance-investments.com/developments/