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LCR/MCC/TfGM – Mayfield Quarter Regeneration – Manchester - Project Profile

LCR/MCC/TfGM – Mayfield Quarter Regeneration – Manchester - Project Profile

Synopsis

"LCR/MCC/TfGM – Mayfield Quarter Regeneration – Manchester - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "LCR/MCC/TfGM – Mayfield Quarter Regeneration – Manchester - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

The Mayfield Partnership formed by London and Continental Railways (LCR), Manchester City Council (MCC), Transport for Greater Manchester (TfGM) are planning to transform an area in Manchester, England, the UK

The project involves the construction of mixed-use facilities across 9.7ha of area with high-rise building ranging from 5-to 50-stories holding 1,300 homes, about 75,000m2 of office space, a 350-bed hotel, retail space, leisure facilities and a 2.4ha city park, parking and the installation of elevators, safety and security systems.

The project also includes the construction of temporary site, which comprises of four-story scaffold and timber structure, a sheltered market space, a garden, events space, raised work space, co-working studios and exhibitions.

A Mayfield Strategic Regeneration Framework (SRF) was formally adopted by the MCC in 2010.

Bennetts Associates has been appointed as architect, Buro Happold as Traffic and Engineering Consultants, Jones Lang LaSalle as Commercial Advisors, Davis Langdon as Cost Consultants for the project.

Feasibility studies were conducted towards regeneration in 2011/2012, and few amendments were made to the SRF that was submitted to the Executive of MCC for review in September 2013.

In January 2014, the revised Mayfield Strategic Regeneration Framework (SRF) was approved by the MCC.

LCR, MCC, and TfGM jointly entered into a land pooling agreement, which will unlock new regeneration opportunities around Manchester on January 22, 2015.

In September 2015, the procurement process for the Mayfield Quarter project was launched by the Mayfield Partnership at MIPIM Partnership event 2016.

The Pre-Qualification Questionnaire marks the first stage of the tender process for a development partner and will allow the partnership to assess the commercial, technical and financial competencies of the companies that come forward to bid for the contract. The chosen development partner will lead on securing planning consent for the site as well as high-quality place-making, through to delivery of the necessary infrastructure and the development itself.

Developers has issued tender for the Private Sector Developer Partner (PSDP) with the scope of work include to deliver a wide range of development activity including master planning, site assembly, development in accordance with relevant SRF, planning applications, enabling infrastructure provision, procurement of construction contractors for the re-development, securing capital/funding and delivery of asset management/disposal which may involve marketing and positioning with the final date of submission on November 6, 2015.

In February 2016, LCR, MCC and TfGM announced a six-strong long list of leading principally UK developers for the project which includes Argent Related, Urban & Civic, Ask with Patrizia, Goodman, Muse Developments and U+I Group.

In April 2016, U+I, Urban & Civic plc, and a consortium made up of Ask real estate Carillion plc, Patrizia Immobilien AG, were announced as shortlisted bidders.

On September 19, 2016, U+I was appointed as a development partner for the project.

CBRE has been appointed to advise the developers on the planning process.

A public consultation on the plans is scheduled for October 27, 2016, to November 2, 2016.

An outline planning application is expected to be submitted to Manchester City Council in December 2016 following feedback from the consultation sessions.

The Mayfield Development Partnership has submitted a full planning application to the local authority.

On February 10, 2017, the project secured planning approvals for the temporary site from Manchester City Council.

Planning activities are underway and construction works are expected to commence in 2018 with completion scheduled by 2021.

Scope

The Mayfield Quarter project involves the construction of mixed-use facilities across 9.7ha of area with high-rise building ranging from five- to 50-stories in Manchester, England, the UK

The US$1,094 million project includes the following:

1. Construction of 1,300 homes

2. Construction of 75,000m2 of office space

3. Construction of 350-bedroom hotel

4. Construction of 2.4ha City Park

5. Construction of parking facilities

6. Construction of temporary four-story scaffold and timber structure

7. Installation of elevators

8. Construction of sheltered market space

9. Construction of a garden

10. Construction of events space

11. Construction of co-working studios

12. Installation of safety and security systems.Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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