ID Manchester development partners shortlisted
Thu 5th December 2019, 11:57 am
A shortlist for a development partner has been drawn up by The University of Manchester to help in the creation of a £1.5bn world-class innovation district.
The vision for ID Manchester is to create a brand-new innovation neighbourhood, with more than 6,000 new jobs in a piece of urban regeneration that will play host to a hive of discovery, research and development.
In the latest milestone for the project, the university has selected a shortlist of six candidates from an influx of applications to become its development and investment partner.
The ultimate winner is due to be announced in autumn next year at the end of the process.
Professor Dame Nancy Rothwell, the university’s president and vice-chancellor, said: “The high calibre and quality of the submissions we received clearly shows our vision for ID Manchester, coupled with our track record as an engine of innovation and research excellence, and Manchester’s continued transformation into a major European city has captured international, as well as national attention.
“ID Manchester is far more than a property transaction; I truly believe we can make ID Manchester the innovation capital of Europe, providing the perfect conditions for organisations of all sizes and from different sectors, to share knowledge and work together turning incredible ideas into reality.”
Diana Hampson, director of estates and facilities at The University of Manchester, said: “ID Manchester will create a new, world-class innovation district situated in the heart of Manchester and alongside the university.
“It is where the next generation of game-changing businesses will be nurtured, and it will bring huge economic benefits to our city region and beyond.”
Hampson explained ID Manchester will build on the university’s proven track record of innovation fuelling the local economy, and the regeneration project “will be where our most valuable discoveries today are tried, tested and developed into the technology, buildings and commerce of tomorrow”.
ID Manchester is being developed on land adjacent to the city’s main public transport hub, Piccadilly Railway Station, and just a 20-minute train journey to the international airport.