Skip to Content

0845 345 6788

Plans unveiled for new skyscrapers - property development finance

Published: 14.5.2008

Plans have been unveiled for a major new commercial office development in one of Manchester''s main economic hubs.

A mixed-use scheme, consisting of 8,000 sq m of office space plus hotel and apartment accommodation has been unveiled by architects HKR on behalf of developers Howard Holdings, with the six buildings in the development including two towers of 37 and 23 storeys respectively to be built in the Old Trafford area, Skyscraper News reports.

Known as Stratum, the project will cost £180 million in Property Development Finance to build.

The site, close to the Manchester United football stadium, is on the edge of the Trafford Park industrial estate and close to the commercial and residential developments of Salford Quays.

While plans to build a number of new skyscrapers in the Manchester area is continuing, such property development in London may be more uncertain, as new mayor Boris Johnson has vowed to restrict the proliferation of tall buildings.

ADNFCR-8000059-ID-18592686-ADNFCR

Mortgages for Business - market leading Buy to Let mortgages and Commercial mortgages. Enquire online now!

Actions

Bookmark this article

Del.icio.us

Digg

Reddit

Spurl

Furl

Magnolia

Yahoo

Make an Enquiry Now

Related News

NAEA calls for rate trimming - buy to let mortgages 7.8.2008

The National Association of Estate Agents (NAEA) has argued that the Bank of England should priorities the housing market by lowering the base rate from five per cent today.
Everton stadium plan called in - property development finance 7.8.2008

Plans for a major project in the centre of the Merseyside town of Kirkby involving £400 million of property development finance have been placed in doubt after the government decided to subject the plan to a public enquiry.
Base rate not determining mortgage costs, says expert - buy to let mortgages 6.8.2008

The Bank of England is likely to hold the base rate at five per cent tomorrow, but this is not stopping the cost of buy to let mortgages from falling, it has been stated.
Office block hope for Bolton - commercial mortgages 6.8.2008

In news that may interest those with commercial mortgages, an office development in Bolton has been completed and is seeking interest from companies keen to take advantage of the building's advantageous location.

Back to main news page
Back to news channels

ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

© 2006 Mortgages For Business. All rights reserved.

Designed and developed by Designed and developed by red ant design

Designed and developed by red ant design