The £2B Question: What To Do With Manchester's Gay Village?

2019
Courtesy of Manchester City Council
Canal Street, The Heart Of Manchester's Gay Village

After three hectic years of campaigns and complaints, development plans and developer promises to protect the neighbourhood, Manchester City Council has launched a review of the future of the city’s Gay Village.

Growing pressure for residential and hotel development has collided with a determination from the city’s LGBTQ community that the character of the four city blocks around Canal Street should not be diluted. Now the council has ordered what it calls “a listening exercise”.

The consultation is of more than academic interest to the property sector. Today developments worth around £500M are in progress in the village and its immediate environment, including Capital and Centric/Henry Boot’s £250M Kampus developmentUrban+Civic’s £150M 351-unit Manchester New Square, and Property Alliance’s Portland Street hotel development, which was sold to Aviva for £60M.

A pipeline of further developments in the village and its immediate neighbourhood amounting to as much as another £500M is in various stages of preparation, with a further £1.5B pending at the ID:Manchester development on the neighbouring former UMIST campus site.

Hatch, an independent Manchester-based socio-economic consultancy, has been commissioned to consult and interact with local people, businesses and organisations in the coming months to find out what should be protected, how the local environment could be improved, and what opportunities there might be to enhance the area.

“The review is not a development or regeneration plan for the area, and will not lead to a rebranding exercise or a formal strategy for the future of the Gay Village," the city council said in a statement to the media. "The review is a listening exercise to gain invaluable insight from the community that can assist the council’s thinking about how it can support the future of the Gay Village.”

“There is no question that the heritage of the neighbourhood — and its future — must be protected,” Manchester City Council Leader Sir Richard Leese added.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Manchester Newsletters
Related Stories

25 Years After 9/11, Lower Manhattan Is Finally Firing On All Cylinders

Mamdani Targets Central Brooklyn For First Neighborhood Rezoning

How One Woman Keeps Wynwood's Artistic Heart Beating With Developers Rushing In

'It Behaves Like A Capital City': Investors Keen To Put Money Into Manchester

Ted Turner, Who Left A Mark On Downtown Atlanta CRE, Dies At 87

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government