Plans have been submitted for up to 933 new homes, as well as 1.7m sq ft of new commercial innovation floorspace, academic and research floorspace, as part of Crescent Innovation North a key part of the wider £2.5bn, 252-acre Salford Crescent masterplan.
The plans from Muse Holdings, in a JV with Salford City Council, The English Cities Fund (ECF), and the University of Salford will see the area where people, industry and academia will meet and will focus on creating a research, development and innovation campus at the university.
Julian Stott, Development Director at Muse Holding said:
“The vision for Crescent is unique and we’re working hard for the people of Salford to turn that vision into reality.
“People make place and Crescent Innovation North, as an important stage of major regeneration, will connect communities across the city to opportunities to enable them to thrive and prosper.
“Together with the community, the university and the city council, we’re forging ahead with our collective vision to create a robust and resilient Salford that’s seen on a global stage as a leader of innovation, collaboration and placemaking.”
Vice-Chancellor at the University of Salford, Professor Helen Marshall, commented: “This is another exciting step in bringing greater prosperity to our pioneering city, through innovation and applied research.
“This development will help facilitate collaboration across the region and help build a network of innovation support and development, to help businesses grow and become even more successful. Specifically for the university, it will offer a new way to engage with our long-standing partners and to develop and attract new partners.”
Salford City Mayor, Paul Dennett, said: “It is fantastic news to see that our ambitious plans for Crescent Innovation North are moving forwards.
“With our Crescent partners – the English Cities Fund and University of Salford – we are pushing ahead with our vision to create world-class research and development facilities that local people and businesses can benefit from.
“The Crescent Innovation North proposals are a key element of the wider vision for the Crescent area and will change the face of the area through the creation of a high-quality innovation environment, where people can achieve their full potential.”
The whole masterplan will see the delivery of over 3,000 homes, over 1m sq ft of space to innovate and collaborate, alongside 1m sq ft of offices, retail, leisure, a new multi-modal transport hub with active travel at its heart, set within vast areas of green space.