A landmark deal to “creating thriving cities” for hi-tech businesses will bring 10,000 new jobs to the region. Regional developer Bruntwood and Legal & General Capital have formed a new company called Bruntwood SciTech with a 10-year, £360m strategy, pumping tens of millions of pounds into the region’s science and technology sector. The programme includes expanding existing projects like Circle Square in Manchester, Manchester Science Park and Glasshouse at Alderley Park, as well as new projects in other UK cities. It aims to create 20,000 jobs, with at least half of them in Manchester and Cheshire. Within 10 years Bruntwood SciTech aim to have almost quintupled its property portfolio from 1.3 million sq ft to 6.2 million sq ft, increasing the value to £1.8bn. It is believed that the deal represents the largest investment made in science and technology property assets in Europe this year. Bruntwood CEO Chris Oglesby said: “We are delighted to have formed a partnership with Legal & General, an organisation that shares our vision for unlocking growth in the science and technology sector in the UK regions. We are well suited and aligned in terms of our vision and approach to regeneration. “Our focus is on… Read full this story
- Pitmans launches business future-proofing campaign as region grows
- New city skyscrapers will be WORSE than Beckley Point, expert says
- New council chief says some new city buildings 'not good enough'
- Aircraft leasing is flying for this hi-tech Limerick startup
- These new hi-tech Derby buses will take passengers into the FUTURE
- Ignore the Trade War: New Powerhouse Chinese Chipset to Bring AI to Life
- Ford really connects with customers by launching new, hi-tech, class-leading Focus
- Longannet could be site of new train factory that will bring 1000 jobs to the area
- Plans to make Bristol City Council 'more business-like'
- Ndidi and Maguire's new deals could be City's best business
New 'cities' for hi-tech businesses to bring 10,000 new jobs to region have 298 words, post on www.manchestereveningnews.co.uk at October 5, 2018. This is cached page on CuBird. If you want remove this page, please contact us.