Great Ancoats Street
Henderson UK Retail Warehouse Fund, has secured planning permission for the food store led regeneration of Central Retail Park, Great Ancoats Street in Manchester.
The approved scheme will re-develop the retail park with a large format food store acting as a new anchor. The scheme also includes; restaurant units, smaller retail units and a small format cinema to serve the local community and associated undercroft car parking. Roughly half of the existing non-food retail warehousing space is to be retained on site and refurbished to a high standard of appearance.
One of the key objectives of the scheme will be to provide an attractive new north-south pedestrian route through the middle of the site connecting new residential development to the north with the City Centre. An important aspect of the agreed highway package is the major safety benefit of providing controlled pedestrian crossings on Great Ancoats Street and Old Mill Street.
Martin Perry, Director of Retail Property Development at Henderson Global Investors, said; “The whole of the team has worked extremely professionally to secure planning consent for the scheme, which will give the retail park, and area around it, a huge boost. This represents a significant investment for HGI and we are pleased that the City Council has shown its support for this challenging scheme.”
Waterman Transport & Development was appointed by Henderson Global Investments to provide transportation advice for the re-development of the current Central Retail Park, on Great Ancoats Street.
Mike Bedwell, Director of Waterman Transport & Development (WTD), has confirmed that “obtaining the planning consent is a significant milestone in this interesting and challenging project. The challenge during the development is to keep access to the existing retailers during the phased construction activities when some of the existing retail park operators are relocated into vacant units which are to be refitted and retained, before the new food store on stilts can be built, along with other units. WTD is undertaking the detailed design of the highway works which include improvements to the current access arrangements.”