Circle Square has been announced as the name for a new £360 million project on a former BBC site in Manchester.
A number of public hearings on the scheme will be held in the city this week, before a planning application for the development is submitted in January next year.
If approved, Circle Square will feature over 1.1 million sq ft of residential, commercial and public space as part of a joint venture between Bruntwood and Select Property that could also see the creation of 2000 new jobs.
The proposed site will be based around two collaborative spaces designed to encourage people and businesses to unite together. ‘The Green’ and a 20,000 sq ft pavilion will offer additional events space for Manchester, giving massive scope for a wide array of staged and pop-up events.
Select Property will operate the 617,48 sq ft residential space while Bruntwood will take charge on delivery of the 390,000 sq ft commercial area.
Ground floors on both the residential and commercial offerings are being transformed into an 82,000 sq ft retail destination, which hopes to attract a mix of independent and complementary retail and leisure operators to the area.Mark Stott, CEO of Select Property Group, says: “With its unmatched location, superb outdoor spaces and variety of people who will be living, working and visiting, Circle Square promises to become an exciting new community in Manchester.”
Chris Oglesby, CEO at Bruntwood, adds: “Circle Square will evolve into a fully integrated residential and commercial neighbourhood, contributing to the city’s continued economic and cultural success at the heart of Corridor Manchester.
“It will be surrounded by leading centres of knowledge, art, music and innovation and will offer a compelling reason for existing talent to stay in Manchester, whilst attracting new talent to study, live, work and play here.”