The Manchester Evening News has just announced a HUGE Development and expansion of Manchester City Centre. Council chiefs want to link Eastlands with the City Centre.
Over the coming years as the City Centre expands towards the East, this will make Beswick, Openshaw and Miles Platting virtually part of the city centre.
This means that house prices will increase dramatically with so many new homes and improved infrastructure.
Our main strength areas of Newton Heath and Moston will be getting closer to the city centre and again will increase demand for housing. This will be reflected in house prices and rents in the long term.
Manchester City centre is so full of apartment complex’s it will mean there will be increased demand for low cost housing in North Manchester. North Manchester provides the most cost effective housing for those on low incomes or where easy access is required to the city centre meaning there are many searching for accommodation employed in the service industry’s, professional trainees require accommodation as well as many professionals that want accommodation during the week travelling home at weekend.
There is still One Central Park that is meant to become one large Fusing of education, commerce, innovation and enterprise, this unique collaborative venture provides a comprehensive range of activities from vocational training, foundation degrees and postgraduate research to business creation and incubation. It’s a place where industry and academia meet to develop tomorrow’s products and services whilst also acting as a training hub for the skills sought by 21st century business. This site is still in its infancy and will be one of its largest parks of its kind in the near future. This again will mean an increased demand in local accommodation.
Manchester City centre is booming, the areas in the suburbs will benefit from the increase in infrastructure, housing, business and increased unemployment. Moston has a very mixed and diverse community and is regularly labelled as Manchesters Notting Hill.
Full Article here: http://www.manchestereveningnews.co.uk/news/greater-manchester-news/city-centre-goes-east-plans-14007080