It has been officially announced by joint venture partners, Bruntwood and Select Property that Circle Square is the new name for the former BBC site in Manchester.
According to Bruntwood, Circle Square will offer a unique and diverse place where ideas can thrive, which will overall form as a key development for Corridor Manchester.
The full ethos of the site will be determined with a number of public consultations this week, ahead of submitting one of the largest planning applications in Manchester to date in January next year.
If the planning application is approved, there will be a total of 1.1 million sq ft of residential, commercial and public space that will deliver a value of more than £360 million, while creating over 2000 jobs for Manchester in the process.
CEO of Select Property, Mark Stott, commented: “With its unmatched location, superb outdoor spaces and variety of people who will be living, working and visiting, Circle Square promises to become an exciting new community in Manchester.
“Both Select and Bruntwood share a strong commitment to putting customers at the heart of everything we do and we’re confident that the plans being submitted reflect this desire.”
There will be 390,000 sq ft of commercial space that is being delivered by Bruntwood and will have 82,000 sq ft retail destination, designed to attract to the area a vibrant mix of independent and complementary retail and leisure operators.
Chris Oglesby, Bruntwood’s CEO, added: “Circle Square will evolve into a fully integrated residential and commercial neighbourhood, contributing to the city’s continued economic and cultural success at the heart of Corridor Manchester.”