Masterplan launched for £7.3bn Old Trafford Regeneration
Summary
A 30-year masterplan has been unveiled for the 370-acre Old Trafford regeneration area in Manchester, centred on a planned new 100,000-capacity stadium and supported by proposals for 15,000 homes, employment space, infrastructure and parks. The scheme, designed by Allies and Morrison and others, sets out six character areas and indicates that land assembly may require compulsory purchase powers due to fragmented ownership.
Why it matters
The scale of the proposed redevelopment could significantly affect local housing supply, land values, infrastructure demand and the wider development pipeline in Manchester. Surveyors may also encounter valuation, acquisition, planning and site assembly issues as the project progresses.
Key points
- 30-year vision covers 370 acres around Old Trafford
- Plans include 15,000 homes and space for 48,000 jobs
- New stadium is expected to be delivered between 2031 and 2035
- Site is in fractured ownership and CPO powers may be needed
- Masterplan includes mixed-use neighbourhoods, tall buildings and new parks
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