Joint venture partners Bruntwood and Select Property Group have secured planning approval for Phase 1A of Circle Square, the brand new neighbourhood set on the former BBC site in Manchester city centre.
Construction will now begin on this first phase of the £750m Oxford Road mixed-use development that offers office, retail, serviced apartments and private residential accommodation as well communal spaces that will be open to members of the public.
The approved Phase 1A includes two serviced apartment buildings delivered and managed under Select’s award-winning Vita brand as well as surrounding areas of public realm space, including riverside walkways along the River Medlock. Vita at Circle Square will feature 600 state-of-the-art luxury serviced apartments for single and multiple occupancy, including 22 stylish duplex penthouses with external terraces.
Select’s Vita brand is a market leader and multi award winning brand that places equal emphasis on exceptional customer service and high quality residences. Designed to appeal to postgraduate and mature students, the Vita properties at Circle Square will also benefit from communal hub spaces, with media rooms, large private gym, private dining areas, lounges, extensive social areas and private study areas. Each of the two properties will have its own management team on duty at all times.
Circle Square is set to be a diverse and unique place where discoveries and ideas can thrive that will evolve into a fully integrated residential and commercial neighbourhood contributing to the city’s continued economic and cultural success. It is perfectly positioned within Corridor Manchester, one of the top five innovation districts in Europe, and surrounded by leading centres of knowledge, art, music and science. Circle Square’s vision complements the desire of key institutions such as the National Graphene Institute, The Royce Institute and the University of Manchester to work collaboratively to attract and retain talent within the city.
This is the first phase of a c. 2.3million sq ft neighbourhood that will include residential, commercial and public space amenities as well as a comprehensive retail offer, with phase 1b currently subject to Public Application.
Central to Circle Square will be two collaborative spaces designed to encourage a blend of people and businesses to come together. The Green and a 20,000 sq ft pavilion will provide additional events space for the city, offering huge opportunities for a wide variety of staged and pop-up events, both indoor and outdoor.
Mark Stott, CEO of Select Property Group, said: “Today’s approval is a major milestone in our joint venture partnership with Bruntwood and for the Vita Student brand. We are looking forward to expanding our award-winning Vita Student offering to a second Manchester site, which will be ready for the September 2017 academic year.
“Securing approval for the first phase is a significant part of our vision to create a new neighbourhood for the city, which will be complemented by future phases featuring extensive green areas as well as commercial, residential and retail buildings that are to be considered by planners.”
Chris Oglesby, CEO at Bruntwood, commented: “Bruntwood and Select Property Group share a long term commitment and desire to create an exceptional and extraordinary new community at Circle Square.
“Traditionally, creating such a significant new district would take a decade to deliver. By working collaboratively and in cooperation, we have already been able to dramatically reduce this timeline, such that, a new community of c. 1.42m sq. ft. of floorspace will be delivered in the next 3 and a half years.
“Circle Square offers an unmatched location, state-of-the-art facilities and superb outdoor spaces for the unique and diverse variety of people who will be living and working there.”
For more information, visit www.circlesquaremanchester.com