Partner wanted for £800m Salford Crescent plan

Aaron Morby 11 months ago
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Salford City Council and the University of Salford have launched their search for a private sector partner to deliver the ambitious £800m masterplan for Salford Crescent.

Salford Crescent will see the University of Salford campus and the surrounding area transformed into a new city district with 2,500 homes, the redevelopment of the University campus, a new industry innovation park and a cultural quarter built around key heritage assets.

University of Salford Vice-Chancellor Professor Helen Marshall said: “The Salford Crescent masterplan represents a once in a generation opportunity for a partner to get involved in one of the largest mixed-use development schemes in the UK.

“It is a project that will have a lasting, transformative effect on Salford and the wider Greater Manchester city region. We are looking for a partner whose vision, ambition and creativity matches that of the University and the City of Salford.”

CBRE is leading on the search for a prospective partner.

Head of Planning and Development at CBRE Iain Jenkinson said: “This is a long-term development opportunity, but one with development plots ready to go.

The deadline for the return of expressions of interest is 14 June.  There will then be a short period of dialogue between July and October with a select number of bidders, before being able to identify a preferred bidder towards the end of the year.

For all interested parties, the documents will be published on The Chest.

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