{"id":9182,"date":"2025-11-20T15:47:07","date_gmt":"2025-11-20T15:47:07","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=9182"},"modified":"2025-11-20T15:47:07","modified_gmt":"2025-11-20T15:47:07","slug":"manchester-mayor-bets-1bn-on-good-growth-project-drive","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/manchester-mayor-bets-1bn-on-good-growth-project-drive\/","title":{"rendered":"Manchester mayor bets \u00a31bn on \u2018good growth\u2019 project drive"},"content":{"rendered":"<p>Greater Manchester mayor Andy Burnham has unveiled a \u00a31bn regeneration push that will see 30 major projects rolled out across all 10 boroughs.<\/p>\n<p>A first \u00a3400m wave is due for sign-off next week by the Greater Manchester Combined Authority, with three schemes lined up for each district in a decade-long construction drive.<\/p>\n<p>Together the schemes will help trigger nearly 3,000 new homes, 22,000 jobs and 2m sq ft of employment space and unlocking a further \u00a31.3bn in private capital.<\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"474739\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fbrilliantideasltd.co.uk%2Falimats%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/6507-BI---Alimats-MPU---Constuction-Enquirer_01_s2.gif\"\/><\/a><\/div>\n<\/div>\n<p>The cash sits inside the new GM Good Growth Fund, backed by the Greater Manchester Pension Fund and designed to pump-prime stalled sites before recycling repaid loans back into the pipeline.<\/p>\n<p>Big early plays include the \u00a344m conversion of the old Kendals store into new offices, \u00a341m for Stockport 8\u2019s town-centre neighbourhood, \u00a331m into Oldham\u2019s 331-home Prince\u2019s Gate, \u00a326m for Trafford Wharf\u2019s 382 homes, and \u00a323m for social and affordable homes at Salford\u2019s Adelphi Village.<\/p>\n<p>Wigan\u2019s Cotton Works overhaul, Prestwich\u2019s Longfield Centre revamp, Ashton town-centre regeneration, and Bolton\u2019s 800,000 sq ft Wingates logistics hub are also in the first wave.<\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"93789\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.constructionline.co.uk%2Fevents%2Fattending-marketplace-live%2F%3Futm_source%3Dreferral%26utm_medium%3Dconstruction_enquirer%26utm_campaign%3Dall_mpl_supplier%26utm_year%3D2025%26utm_content%3Dad_gif\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/constructionline ezgif.com-speed.gif\"\/><\/a><\/div>\n<\/div>\n<p>Burnham said the region was ready to \u201cpioneer a new model for economic growth\u201d and warned that growth must now be felt \u201con every street, in every district\u201d, not only in the city centre.<\/p>\n<p>A second funding wave will land in March as Greater Mancjester ramps up plans for town-centre housing, lab space, advanced manufacturing hubs and Bee Network-linked neighbourhoods across the region.<\/p>\n<div class=\"break-out-box\">\n<h4>\u00a3400m first-wave projects \u2013 by borough<\/h4>\n<hr \/>\n<h3>Oldham<\/h3>\n<hr \/>\n<ul>\n<li>\u00a331.5m for Prince\u2019s Gate next to Oldham Mumps station, delivering 331 homes including 75 for social rent as part of a wider 2,000-home town-centre plan.<\/li>\n<li>Sports Town MDC concept with Oldham Athletic, including training facilities and a netball stadium (pipeline).<\/li>\n<li>Northern Roots urban farm and eco-park over 160 acres (pipeline).<\/li>\n<\/ul>\n<h3>Trafford<\/h3>\n<hr \/>\n<ul>\n<li>\u00a326m to unlock 382 new homes at Trafford Wharf, the first major investment in the Old Trafford Regeneration area.<\/li>\n<li>Redevelopment of Stretford Mall into 427 homes, 178 affordable (March 2026 tranche).<\/li>\n<li>Old Trafford Regeneration mega-scheme centred on a new 100,000-seat stadium and 15,000 homes (pipeline).<\/li>\n<\/ul>\n<h3>Bury<\/h3>\n<hr \/>\n<ul>\n<li>\u00a36.8m for the Prestwich village centre overhaul, including demolition of redundant Longfield Centre buildings, a new market hall and travel hub.<\/li>\n<li>235 new homes at Prestwich Village (March 2026 tranche).<\/li>\n<li>Bury Interchange rebuild into a carbon-neutral transport hub (pipeline).<\/li>\n<\/ul>\n<h3>Bolton<\/h3>\n<hr \/>\n<ul>\n<li>\u00a317.1m Wingates investment supporting a new MDC, an 800,000 sq ft logistics hub and up to 6,900 jobs.<\/li>\n<li>Crompton Place demolition and replacement with new homes, offices and hotel (pipeline).<\/li>\n<li>Lee Hall development: 450 new homes, including 157 affordable (pipeline).<\/li>\n<\/ul>\n<h3>Manchester<\/h3>\n<hr \/>\n<ul>\n<li>\u00a320m for the Sister innovation hub, converting former University of Manchester buildings into lab and tech space.<\/li>\n<li>\u00a344m to refurbish the old Kendals department store on Deansgate into prime office space.<\/li>\n<li>\u00a334.1m to accelerate Victoria North, delivering up to 15,000 homes between Victoria station and Queen\u2019s Park.<\/li>\n<\/ul>\n<h3>Tameside<\/h3>\n<hr \/>\n<ul>\n<li>\u00a37.6m to kickstart Ashton town-centre regeneration, including affordable homes, employment space and a revamp of Market Square.<\/li>\n<li>Up to 2,150 new homes at Godley Green, including 300 affordable (pipeline).<\/li>\n<li>Vision refresh for Ashton and Stalybridge corridor (pipeline).<\/li>\n<\/ul>\n<h3>Salford<\/h3>\n<hr \/>\n<ul>\n<li>\u00a323.4m into Adelphi Village, delivering 301 social\/affordable homes, 42 townhouses and 336 new apartments.<\/li>\n<li>Salford Crescent \u00a32.5bn masterplan: transport links, university expansion and mixed-use growth district (pipeline).<\/li>\n<li>Acoustic Innovation Institute for advanced R&amp;D (pipeline).<\/li>\n<\/ul>\n<h3>Stockport<\/h3>\n<hr \/>\n<ul>\n<li>\u00a341.3m for Stockport 8, funding phase one of 435 homes (82 affordable) within a 1,300-home walkable town-centre neighbourhood.<\/li>\n<li>\u00a315m to deliver 245 age-inclusive homes at Fletcher Street.<\/li>\n<li>Expansion of Stockport MDC to cover entire town centre, bringing forward 4,000 new homes, school, health hub and riverside park (pipeline).<\/li>\n<\/ul>\n<h3>Rochdale<\/h3>\n<hr \/>\n<ul>\n<li>March 2026 funding for 200+ homes next to Rochdale railway station (Station Gardens).<\/li>\n<li>Sustainable Materials and Manufacturing Centre with University of Manchester (pipeline).<\/li>\n<li>Tram-train expansion linking Oldham, Rochdale, Middleton, Heywood and Bury (pipeline).<\/li>\n<\/ul>\n<h3>Wigan<\/h3>\n<hr \/>\n<ul>\n<li>\u00a314m for Cotton Works at Wigan Pier, delivering almost 180 new homes.<\/li>\n<li>\u00a39.9m for 93,500 sq ft of commercial, office, leisure and healthcare space, creating around 670 jobs.<\/li>\n<li>Leigh Mayoral Development Zone, including plans for a new University Campus for Health and Social Care (pipeline).<\/li>\n<\/ul>\n<\/div>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"158465\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=http%3A%2F%2Fwww.agd-equipment.co.uk%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/AGD-ADVERT-2023.gif\"\/><\/a><\/div>\n<\/div>\n<p><\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"488804\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.creaghconcrete.com%2Fproducts%2Fspantherm%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/CE-spantherm.gif\"\/><\/a><\/div>\n<\/div>\n<p>from Construction Enquirer https:\/\/ift.tt\/D0aZKeF<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greater Manchester mayor Andy Burnham has unveiled a \u00a31bn regeneration push that will see 30 major projects rolled out across all 10 boroughs. A first \u00a3400m wave is due for sign-off next week by the Greater Manchester Combined Authority, with three schemes lined up for each district in a decade-long construction drive. Together the schemes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-9182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/9182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=9182"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/9182\/revisions"}],"predecessor-version":[{"id":9183,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/9182\/revisions\/9183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/155"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=9182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=9182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=9182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}