The man with £1 billion in his pocket
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manchestereveningnews.co.ukMancunians are no strangers to development. We crane our necks to see new skyscraper summits, walk around building sites, and gaze at cranes in Mancunian Way traffic.
Developers initially moved into Manchester when city centre land was plentiful, and there was a pragmatic council ready to help build homes.
Those developers stayed because housing demand rocketed, giving them ample opportunity to invest in, and profit from, the second city.
But as more developers came in, more towers shot up, and more residents moved in, one thing began to run out: Land. Parcels of land large enough for big redevelopment projects in the city centre have become rarer, pushing developers to the edge of town.
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