Peel Land & Property has confirmed it is “within days” of submitting a planning application for Trafford Waters, a £1bn development on the banks of the Manchester Ship Canal that would contain more than three-quarters-of-a-million square feet commercial space.
The development, which would also provide more than 3,000 new homes, is situated close to the Trafford Leisure Village and the intu Trafford Centre, to which it would be linked by a new “Green Bridge”.
James Whittaker, development director at Peel Land & Property, said his company had been working on the Trafford Waters vision and masterplan for over 15 years. “It will be an exemplar, sustainable development that will create a space for a new community to live, work and play,” he explained.
“I am delighted that we are able to present plans which, if approved, will help address housing need in the area and provide new business and employment opportunities, all while regenerating and enhancing a prominent but underused site in a fantastic waterfront location,” Whittaker said, adding he was confident, “Trafford Waters will be an asset to the entire region”.
Peel claims the scheme would cost £1bn and create more than 5,000 construction and permanent jobs. Surrounding its high-density family apartments would be 875,000 sq ft of commercial and retail units, targeted at start-up and expanding enterprises.
The developer said there would be green corridors and waterways throughout the site to “ensure that it is well-integrated, with large amounts of high-quality green space that will help sustain vitality and vibrancy and attract residents, businesses and visitors”.
“The strong links with the intu Trafford Centre and Trafford Leisure Village and unrivalled transport connections, including the Trafford Park Metrolink extension, will make Trafford Waters the place to be,” concluded Whittaker.
Its Trafford Waters unveiling comes less than a week after Peel sold a 50 per cent stake in its Salford Quays MediaCityUK, Europe’s largest purpose-built creative, digital and technology campus.
Previous Post
Canadian Pension Fund acquires 3 Minster Court
