Market Leads & Opportunities
Developer Sought For £800m Salford Campus Revamp
Salford City Council and the University of Salford have launched a search for a private sector partner to deliver their £800m masterplan for Salford Crescent.Salford Crescent will see the University of Salford campus and the surrounding area turned into a new city district that will include a residential neighbourhood, the redevelopment of the university campus, an industry innovation park and a cultural quarter.The project includes five zones: Adelphi, Crescent, Innovation, Health Village and Peel Park.For more details of the masterplan, see www.salfordcrescent.com.Salford City Council and the University of Salford have been working with 5plus architects and CBRE since summer 2017 to prepare the Salford Crescent and University District masterplan.The contract notice was published in the EU Official Journal today. CBRE is leading on the search for a developer. The deadline for the return of expressions of interest is Friday 14th June. There will be a period of dialogue between July and October with a select number of bidders, before a preferred bidder is chosen towards the end of the year. For all interested parties, the documents will be published on www.the-chest.org.uk.
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