Exchange Greengate, Salford
English Partnerships has put in place the final element for a visionary 13- hectare scheme, linking the cities of Salford and Manchester.
£8.5m funding is to be provided to create a stunning new area of public space forming part of a wider development which will create a new urban quarter linking the cities through a new public square, river walkway and connecting bridge.
English Partnerships’ investment is critical, both in terms of the physical re-connection of the cities and in terms of unlocking the regeneration potential of the area. This will thereby allow for greater economic opportunities, a wider choice of housing and new leisure/lifestyle opportunities.
Exchange Greengate will see the transformation of 13 acres of predominantly underused, brownfield land into over 2,500 residential units and over 85,000 sq m of commercial floor space. It is expected that the scheme will create around 4,000 jobs, 2,500 new homes and attract over £600m of private sector investment.
The development, which secured planning permission in June 2007, is being led by a partnership between Central Salford URC, Salford City Council, English Partnerships, Network Rail and ASK Developments.