To dispose of a 250 year leasehold interest to General Projects in land at Pollard Street, New Islington, Manchester, in return for a ground rent. The scheme of approx. 200,000 sq ft on land owned by MCC/TFGM will transform the site into a new commercial campus creating over 2400 jobs for SMEs, start-ups, small-scale manufacturers and established tech, media, creative & fashion businesses.

The project will also see over 2 acres of new public realm infrastructure delivered around New Islington tram stop. The commercial space will be developed in a number of phases depending on market conditions but with an obligation to build out. The 2016 Ancoats and New Islington Neighbourhood Development framework identifies the subject land for employment led uses.