Smithfield, Manchester

This is a substantial mixed-use development in the Smithfield area of Manchester at the northern end of Shudehill. Before Muse entered into a development agreement with Manchester City Council, this part of the city was widely regarded as a ‘no go’ area. Muse (working in joint venture with Crosby Homes) has now developed 318 apartments in three phases together with a highly successful mix of ground floor uses, including offices, art galleries, café bars and retailers. A fourth phase, comprising a 230 bedroom 4/5 star Crowne Plaza hotel, is now on site and is scheduled for completion in April 2008. The £26m hotel will be operated by north west hoteliers, Centre Island and First House.

The scheme has been masterplanned for two further phases of mixed-use development.

The ‘partnership’ model on this particular project is based upon the land being transferred into the Muse/ Crosby Ician joint venture at nil consideration on a phase by phase basis, with the city council and Ician sharing net surplus receipts in an agreed proportion. The proportion was weighted in favour of Ician (80/20) until such time as the development had reached a degree of maturity; thereafter the ratio was adjusted to 50/50. In this instance, the land owner (Manchester City Council) took no development risk.

Northern Quarter retains all the charm, character and heritage of the area while blending in new and complementary building developments for businesses and residents alike. This architectural blend of old and new is enhanced by using different architects for each of the phases of the scheme. The neighbourhood has evolved a personality very much its own. Situated a mere five minute walk from the city centre, Northern Quarter is a place of creativity: music, art, design and craft - all flourishing within this compact network of intriguing streets.

A one way system on the streets adjacent to the scheme permits a smooth flow of traffic, and the scheme itself benefits from being located immediately adjacent to Manchester’s new Transport Interchange.

The award winning first phase comprised the refurbishment of the former historic fishmarket walls and the regeneration of a Grade One listed building to create a large public courtyard framed by new and old buildings. Phase 2 completed in 2004 and includes retail and Class A2 space. The third phase was completed in 2006 to bring to completion 300,000 sq ft of residential and commercial space. Further phases will include bespoke office elements, public art, a visitor attraction and the central public space - Smithfield Square.

The scheme has already attracted many new businesses and residents to the Northern Quarter and continues to act as a catalyst for further investment.