How Did You Get That Site And How Much Did You Pay Your Agents? Manchester Council Asks Awkward Questions

plan planning drawing design

Manchester City Council wants city centre residential developers to explain, in detail, why they cannot provide affordable housing.

This will involve revealing exactly how landowners got their hands on sites and what they paid their agents or intermediaries. The information will be made public.

The changes arise from a consultation on the paperwork required to validate a planning application, open until 14 September. The document requires a full viability assessment where the affordable housing provision, or a financial contribution in lieu, is not being proposed.

The document states: "Information should be provided in its entirety. Applicants should also be aware that the assessments will be made publically available in the same manner as other documents that form part of the planning submission."

Applications must show existing use value plus a premium supported by an independent valuation, land acquisition price and the basis of its purchase (for example whether it is subject to planning), the purchase process and purchase costs including legal fees and agent fees, professional fees, contract-related fees and something defined as "abnormals".

The document will also have to show construction costs, the cost of financing and estimated returns.

The city council also adds: "Where a proposal involves the loss of employment land, there will be a requirement to provide information about the impact on jobs."

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

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

NYC Stops Construction On Another Office-To-Residential Conversion As Inspectors Descend On Job Sites

The Crown Estate Unveils Nearly 170K SF Of West End Redevelopment

AI-Assisted Construction-Bid Startup Fields $4M Seed Investment

Oceanwide Plaza Sale Primed To Move Forward

Artis Montrose, Disco Kroger Site Multifamily Redevelopment, Tops Out

Engineers, Architects Call For Relief From Construction Defect Suit 'Train Wreck'

AI Infrastructure Manufacturer Building 400K SF Projects In Pearland

Financing Secured For Luxury Uptown Dallas Multifamily Tower

Duball Tees Up $100M Office Conversion Downtown

Fast-Growing West Palm Beach Moves To Pause Waterfront Development