The development on the banks of the Manchester Ship Canal in Trafford, will combine up to 3,000 flats and nearly 900,000 sq ft of offices, shops and leisure buildings.

Peel has laced the scheme with green corridors and waterways and said the proposal represents an investment of £1bn over 20 years.

Trafford Waters will be linked to the intu Trafford Centre by a green bridge, providing residents, employees and visitors with easy access to the bus station and Metrolink stop.

Trafford Waters site on the banks of the Manchester Ship Canal in Trafford

£1bn mixed-use scheme

James Whittaker, Peel Land and Property’s Group Development Director, said: “Trafford Waters will bring a unique neighbourhood to Greater Manchester, which will not only provide much-needed residential housing but also office space which will help unlock business and employment opportunities.”

Peel Land & Property has pledged £30m towards the new extended A57 road into Traffordcity at junction 10 of the M60, including a new lifting bridge link crossing the Manchester Ship Canal.

Cllr Sean Anstee, Leader of Trafford Council added: “Trafford Waters has all of the characteristics to be a model for urban regeneration and the creation of a high quality place that people choose to live and work. This sustainable development will bring significant investment into Trafford alongside a further boost for our local economy, already the most resilient in the North West.

“That the application has been granted on the very day final approval has been received to commence construction of the Metrolink Trafford Park line, simply goes to show that where we have a plan for major development, the necessary improvements to public transport and roads alongside new schools and green spaces can be a reality.”