Bruntwood and Manchester Science Parks appointed to develop the Trust’s former Manchester Royal Eye Hospital
A consortium of Bruntwood and Manchester Science Parks (msp) has been appointed as the preferred developer and operator for the £21million scheme to create a new 10,000m2 centre for the bio-medical research sector in the former Manchester Royal Eye Hospital on Oxford Road.
The new development is located on the Central Manchester University Hospitals NHS Foundation Trust campus, the largest clinical academic campus in Europe. It will provide a unique opportunity to create a centre of international significance for the bio-medical sector, with state of the art laboratories and other specialist space. Mike Deegan, Trust chief executive said: “Manchester has incredible expertise and strength within the health sector and the redevelopment of the former Royal Eye Hospital will further add to the market offer of the city region.
The inclusion of a ‘hub’ to facilitate networking and innovation will be an exciting dimension of the project.” The scheme will see the building refurbished and extended to provide laboratory and business space, with a new glazed atrium providing networking space. There is already strong interest in pre-lets of the development, which will be completed in summer 2012.
It is expected the development will create 440 new jobs and will add £60 million per annum to Manchester’s income (GVA).
Jackie Potter, chief executive, Corridor Manchester said: “This is an exciting signature project for the Corridor partnership. As well as delivering much needed space for growing companies in the biomedical sector, the building will be a key hub for healthcare related research, education and R&D activity, stimulating the future growth and success of businesses in and around the Corridor. There was strong interest from a number of developers for this project and I welcome the appointment of Bruntwood and msp after a challenging competition.”
Bruntwood and Manchester Science Parks are working towards a full planning application submission in autumn 2010. They aim to start on site with enabling working this winter, with a main start on site in spring and completion expected in summer 2012.
Chris Oglesby, chief executive, Bruntwood said: “The development of the former Royal Eye Hospital is a great project for Bruntwood. We're looking forward to working with msp and using our development expertise to help the city fulfil its potential.”
The appointment of Bruntwood and Manchester Science Parks is made following a seven month OJEU competitive dialogue managed by Corridor Manchester, an organisation set up to drive economic growth and regeneration on the Corridor – the Oxford Road area of the City. The Northwest Regional Development Agency provided funding to support the development of the proposals and the process to select a private sector partner.