Why people are choosing Manchester

With the Knight Knox headquarters based in MediaCityUK, and a large proportion of our student and residential sites based in and around the North West, we never tire of talking about the success of the region, and more specifically Greater Manchester.

Why people are choosing Manchester

There is certainly a tangible feeling of excitement and anticipation in Manchester which is contagious, leading more and more people to move to the city and surrounding areas to make the most of what’s happening. In fact, Greater Manchester has more 25-29 year olds living in the region than anywhere else in the UK, many of whom are attracted to Manchester’s unique culture and impressive employment opportunities. With this in mind Manchester’s population is forecast to see a 15.1% population increase by 2036.

And it’s not just people that are choosing to relocate, one of the reasons for the continuing job opportunities in Manchester is the fact that many big businesses are also electing to set up shop here. One example is Amazon, which is due to open its first Manchester office in the Hanover Building in the Northern Quarter. The move is anticipated to create 1,000 jobs and potentially many more as the firm have been rumoured to be exploring the possibility of a larger campus in Manchester city centre.

The UK manager for Amazon, Doug Gurr, said: “These are Silicon Valley jobs in Britain, and further cement our long-term commitment to the UK. Manchester was at the heart of the industrial revolution and has a fantastic history of innovation. The city offers an incredibly talented workforce and a budding tech scene with some of the most exciting, fast-growing tech companies in the UK situated here.”

One of the most impressive changes Greater Manchester has seen in the last decade has been the development of MediaCityUK, which is home to several notable tenants, including the BBC, ITV, Kellogg’s and Bupa. MediaCityUK is in the process of doubling in size with a £1bn expansion plan in place, due to create thousands of new jobs. The renowned media and tech hub, which boasts a unique quayside location, is going from strength to strength and really given Salford something to shout about.

One company that is set to add to the local area in Salford Quays is TalkTalk which recently announced plans to relocate the “vast majority” of its 500 staff in London to its new headquarters at the Soapworks building close to MediaCityUK.

Tristia Harrison, the chief executive of TalkTalk commented: “As we further simplify the business, and focus on fewer priorities, we no longer need to be split across two main sites. Now is the right time to consolidate, making Salford the single main campus for the business. The vast majority of London roles will relocate to Salford in 2019. This will reduce operational complexity and allow us to become a more efficient, focused business, in turn supporting our long-term growth.”

There are so many reasons to be excited about the future of Manchester right now. A skyline filled with cranes just goes to show the amount of investment and construction going on, turning this proud northern city into a global centre for business.

If you’d like to learn more about Greater Manchester, why not download our latest guide? You can find it here

yieldit vertical - April 2019

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