Published: 16th Apr 2020

The English Cities Fund has been confirmed as the development partner for the £2.5bn Salford Crescent masterplan. The fund, which is a strategic joint venture between urban regenerators Muse Developments, Legal & General and Homes England, will now lead on the creation of a major new 240-acre city district in Salford over the next ten to 15 years. It has the potential to create 3,000 new homes, one million square feet of commercial and innovation space for health automation and robotics as well as one million square feet of education floor space. The plan continues the major regeneration and success of recent planned development in the surrounding areas of Chapel Street, New Bailey and Greengate. Salford City Mayor Paul Dennett said: ‘Congratulations go to The English Cities Fund for being selected as the development partner for the Salford Crescent Masterplan. ‘It is a very exciting opportunity to move our vision … (To read the full article, subscribe below)