Manchester finally rubber-stamps next five Renaker skyscrapers
Summary
Manchester City Council has completed a Section 106 agreement for Renaker’s five-tower Great Jackson Street scheme, clearing the way for 2,388 flats across buildings up to 71 storeys. The project had faced a lengthy approval process and continued objections, particularly around the absence of affordable housing and the viability assessment underpinning the scheme.
Why it matters
The article highlights how viability, affordable housing obligations and Section 106 negotiations can materially affect large residential schemes. Surveyors involved in development appraisal, planning support or due diligence should note the potential for legal challenge and the role of viability review mechanisms in long-running projects.
Key points
- Manchester City Council and Renaker have signed a legal agreement for the Great Jackson Street scheme.
- The development comprises 2,388 flats in five towers, including a 71-storey building called Lighthouse.
- No affordable homes are proposed on site; the council says a £33m commuted sum would otherwise be required.
- The Section 106 agreement includes a viability review mechanism that could trigger future affordable housing contributions.
- Weis Group has objected to the scheme and has indicated it may seek judicial review.
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