First phase of Circle Square mixed-use development gets planning consent

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UK: JV partners Bruntwood and Select Property Group have gained planning approval for Phase 1A of Circle Square, the Manchester project which will include serviced apartments.

Set on the former BBC site in Manchester city centre, phase 1A of Circle Square will include two serviced apartment buildings delivered and managed under Select Property Group‘s Vita Student brand as well as surrounding areas of public realm space, including riverside walkways along the River Medlock. Vita Student at Circle Square will feature 604 serviced apartments for single and multiple occupancy, including 22 duplex penthouses with external terraces.

Construction will now begin on the £750 million Oxford Road mixed-use development that will eventually feature office, retail, serviced apartments and private residential accommodation as public communal spaces.

Designed to appeal to postgraduate and mature students, the Vita Student properties at Circle Square will benefit from communal hub spaces, with media rooms, large private gym, private dining areas, lounges, extensive social areas and private study areas. Each of the two properties will have its own management team on duty at all times.

Mark Stott, CEO of Select Property Group, said: “Today’s approval is a major milestone in our joint venture partnership with Bruntwood and for the Vita Student brand. We are looking forward to expanding our award-winning Vita Student offering to a second Manchester site, which will be ready for the September 2017 academic year. Securing approval for the first phase is a significant part of our vision to create a new neighbourhood for the city, which will be complemented by future phases featuring extensive green areas as well as commercial, residential and retail buildings that are to be considered by planners.”

Chris Oglesby, CEO of Bruntwood, commented: “Bruntwood and Select Property Group share a long term commitment and desire to create an exceptional and extraordinary new community at Circle Square. Traditionally, creating such a significant new district would take a decade to deliver. By working collaboratively and in cooperation, we have already been able to dramatically reduce this timeline, such that, a new community of around 1.42 million square feet of floorspace will be delivered in the next three and a half years. Circle Square offers an unmatched location, state-of-the-art facilities and superb outdoor spaces for the unique and diverse variety of people who will be living and working there.”

www.circlesquaremanchester.com</p

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