Manchester has always been an important city in the UK, but the recent redevelopments have transformed it in the last decade. It is now a media hot zone with many notable brands like the BBC calling it home. With a rich entertainment history, striking architecture, and a growing population, there’s never been a better time to invest in the area than right now.
Regardless of whether you’re looking to buy rental properties, rent a commercial unit, or are just looking for your next home, keep in mind these top new developments and revitalization plans that are set to transform Manchester in 2025 and beyond:
Community Developments
There are several big community space developments coming to the Greater Area of Manchester in the coming years. These developments offer so much more than homes or offices, but a multi-use space designed to benefit the community at large:
Peel Waters
One of the biggest projects in the area is Peel Waters, which is set to transform more than 100,000 square feet of space in Salford’s Pomona Island. This plan, which was approved in July 2024, is set to completely redevelop the old Brownsfield site, which had previously operated as a waste recycling facility.
The approved plans are set to receive a Grade A specification and BREEAM Excellent rating, making it one of the most sustainable developments in the area.
MediaCityUK
MediaCityUK is a huge television facility with a mixed-facility focus. It is currently home to BBC, ITV, and other media companies and is expecting a massive new round of developments thanks to the recent Landsec acquisition.
Crescent
Another area being redeveloped in Salford is the Crescent Salford masterplan, which is set to add almost 1000 new homes, as well as 1.7 million commercial square feet to the area. This development has a particular focus on academic and research, with homes to drive up the research and development industry in the area.
Residential Developments
While most community developments are set to add a mix of residential, commercial, and academic spaces, there are a few residential-focused developments in the works set to help revitalize older communities or provide the residential support for more commercial spaces nearby. These are the top developments to watch:
Tranquility
Tranquility, one of the Heaton Group developments, is a promising new residential development a stone’s throw away from the Peel Waters £1 billion development, providing additional residential opportunities to the new hub in Salford.
This new, upmarket riverside property promises high-end living with great connections, as well as several top amenities like a resident’s gym and a dedicated community manager to help encourage community building amongst tenants.
Berkeley Square
Another property development to watch in Salford is Berkeley Square, thanks to its close links to MediaCityUK. This multi-building development with its own on-site community manager and facilities will help provide MediaCityUK with a fresh new generation of residents.
How to Choose The Best Development for Your Needs
While there are absolutely new developments going up in the city centre, the biggest projects by far are currently happening in Salford. With its proximity to MediaCityUK, as well as new developments like Peel Waters on Pomona Island, the very face of Salford, one of Manchester’s key neighborhoods, is set to change.
You can either invest in property in the area (if there are still opportunities to be had) or invest in the nearby developments being built. With £1 billion going into the Peel Waters project, for example, buy-to-let investors will want to turn their sights on nearby opportunities now. This will give you the opportunity to potentially buy a property at an under-market value, helping you yield higher returns faster.
