{"id":3022694,"date":"2019-01-23T15:43:03","date_gmt":"2019-01-23T15:43:03","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=3022694"},"modified":"2023-02-06T16:26:37","modified_gmt":"2023-02-06T16:26:37","slug":"car-parks-the-answer-to-manchesters-housing-needs","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2019\/01\/23\/car-parks-the-answer-to-manchesters-housing-needs\/","title":{"rendered":"Car parks: The answer to Manchester’s housing needs?"},"content":{"rendered":"
Could redeveloping a number of car parks help add much-needed housing stock to the market in Manchester? <\/strong><\/p>\n That\u2019s the intriguing prospect being raised by Euan Kellie Property Solutions in a new piece of research from the Cheadle Hulme-based consultants.<\/p>\n It marks a decade since a previous Euan Kellie (EKPS) report identified potential sites for development within central Manchester \u2013 an area roughly bounded by the Mancunian Way in the south and the Manchester Arena\/Co-Op building to the north. \u00a0It found that 83 of these sites were car parks, and now the intervening years have seen quite a change with 19 of them either currently being developed or already completed.<\/p>\n Most of these 19 developments have been residential-led, although two now have multi-storey car parks on sites previously occupied by open-air versions at surface level. Along with other areas subsequently turned into car parks, there are 59 such sites in central Manchester.<\/p>\n EKPS calculate that, if a surface level car park occupies an average 0.5 of an acre, there are around 30 acres occupied by such sites dotted around the city centre.<\/p><\/blockquote>\n \u201cWhilst few people will be surprised to learn that the dramatic transformation of the city centre skyline over the past decade has involved the redevelopment of many surface car parks, we were taken aback by land covering what we estimate to be potentially more than 30 acres currently being used for surface car parking that remains available for potential redevelopment,\u201d said EKPS co-founder and director Euan Kellie quoted in Place North West.<\/p>\n