Manchesterâ€™s Circle Square Receives Investment
Circle Square in Manchesterâ€™s Oxford Road Corridor receives Â£54million investment.
20:42 12 May 2019
Circle Square, a new science and tech location in Manchester’s Oxford Road Corridor, is a joint venture between Select Property Group and Bruntwood SciTech. The new £54million investment will see work on a new 22,000 sq ft, 12 storey building to commence following planning approval in January 2020.
Also known as the “neighbourhood”, Circle Square provides 1.2millon sq ft of workspace, 1,700 new homes, 100,000 sq ft of retail and leisure space, two hotels, car parking for 1,014 vehicles and 250,000 sq ft of public realm.
Tom Renn, Managing Director, Bruntwood SciTech – Manchester, said: “With No.1 & No.2 Circle Square opening in Summer 2020, we are delighted to be in a position, where the level of interest and excitement around what we are creating at Circle Square, has led to us accelerating the development of No.3 Circle Square,”
“Circle Square will be an extraordinary place, full of life and activity. A place where incredible companies, working in some of the most interesting and disruptive digital technology sectors, like Cyber, FinTech, IOT and big data, will work alongside each other and where residents and visitors to Manchester, will come to experience the best of our cities cultural offer, through independent retailers and the programme of festivals and events that we plan to host in Manchester’s newest city park.”
“Critically companies that we are speaking to are really identifying with Circle Square as a top location in the city to access talent and transport and with our network as one of the largest tech communities in the North.”