Allied London agrees £26.5m deal for Granada site

A PARTNERSHIP between Manchester City Council and the developer Allied London has agreed a £26.5m deal to acquire the former ITV Granada site in Quay Street.

The deal for the 13.5-acre site is subject to planning consent.

The partnership, called MQL (Manchester Quays Limited), plans to redevelop the area into a mixed-use destination within the next two years.

The area, across Quay Street from Allied London's Spinningfields scheme, was vacated by ITV earlier this year, but is still the home of Coron... For the full story register now for free or login below...