StayCity to Open Fourth Manchester Property

//StayCity to Open Fourth Manchester Property

StayCity to Open Fourth Manchester Property

Aparthotels company StayCity has been granted planning permission to open their fourth property within Manchester. The new building will possess 310-apartments between the Grade II listed viaduct and the Deansgate Tavern. At 21-storeys high the building will feature 246 studios and 64 one-bedroom apartments as well as gym and laundry facilities.

This ambitious new build means great things for Manchester’s property market and property jobs and architecture jobs in Manchester as well. The project is being developed by Manchester-based Ask Real Estate and will play a key role in the on-going regeneration of Deansgate which is looking to integrate further retail and dining experiences into the area as well. Ask Retail Estate has stated that retaining the Deansgate Tavern was a top priority for them which is why the building will wrap around the pub to allow it to retain prominence on street level.

Managing Director at Ask Real Estate, John Hughes, states ‘we’re pleased to be able to bring forward these plans and help to meet the projected demand for city centre apart-hotel space.’ He also went on to state how ‘the scheme looks impressive and will add to the compelling architectural mix already found within the area’ such as the landmark Beetham Tower, the modern skyscrapers in Deansgate Square and ‘the character and heritage of Castlefield Basin and Deansgate’s older buildings.’

StayCity opened their first 182-apartment property in 2017 within the Manchester Piccadilly area and currently have two further properties under development in the Northern Quarter and in St Peter’s Square. Regarding their newest project, StayCity highlights how ‘the site lies immediately adjacent to the adopted Great Northern Manchester Central and Castlefield Quay Strategic Regeneration Framework area, which seeks to drive the transformation of an extensive area of the city centre that has been underutilised for a number of years.’

Simon Walford, UK Director of Development at StayCity states ‘it’s an exciting time for StayCity in Manchester as we further expand our portfolio and this property will be positioned in a strategic location on one of the city’s most important streets.’ He expanded by stating ‘Manchester is a hugely important location for StayCity, with its eclectic blend of business and leisure guests and its vibrant arts and cultural scene’ and that ‘our collaborative, community-focused approach to accommodation is in keeping with what Manchester stands for – we’re proud to be expanding our presence in this great city and look forward to working with the Ask team.’

Manchester Council Planning Officers have stated that the scheme should go ahead to meet the ‘growing demand’ for hotel rooms in the city. They explain how ‘tourism is a critical part of the city’s economy, generating around £4.5 billion a year and supporting 50,000 jobs.’ They also outlined how ‘hotel occupancy has remained between 75 per cent and 78 per cent despite 3,000 bed-spaces being built in the city centre since 2014, demonstrating the continued strength of the market.’

Manchester is increasingly becoming a hotspot for business and tourism so StayCity’s new project will assist in meeting the demand for hotel space in the city. It will also assist in reinvigorating the Deansgate area and ensuring that it becomes a true asset to the city’s local economy.

Written by Rachael Gray.

Rachael Gray is a Director at Clifton Gray specialist property recruitment company. Follow Rachael on linkedin or email to discuss current Liverpool and Manchester property jobs, or to find out how Clifton Gray can secure the best talent for your property business.

2020-08-13T10:31:52+00:00 News|