Contact the Capital Investment team for more details about this opportunity

Opportunity Future Carrington

The project promoter will consider a variety of investor involvement to include co-investment, joint venture and development funding.

There are opportunities for investment into large scale residential: approximately 11,500 units and 745,000 square metres (8 million square feet) of commercial space. Investment will also be required for enabling infrastructure that will unlock and accelerate the delivery of Future Carrington comprising rationalisation of existing industrial processes, land remediation and highways/public transport infrastructure.

Contact the Capital Investment team for more details about this opportunity.

Aerial map of Future Carrington development area
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Location

Greater Manchester

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Project promoter

HIMOR Group

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Scale

£100+ million GDV (Phase 1)

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Sector

Commercial, Residential, Private rented sector, Logistics, Energy component (real estate)

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Investment type

Co-investors, development finance

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Planning status

Outline planning phase 1

Map showing Trafford and its main transport links in Central England

Project background

Future Carrington occupies a prime location in Trafford, southwest Manchester. It benefits from excellent connectivity to the motorway network and is close to both Manchester City Centre and Manchester International Airport. The significant transport infrastructure proposed will further drive local, regional, national and international connectivity.

The scale and location of the Future Carrington site means it can support major inward investment and provide significant economic and housing growth, delivering up to 745,000 square metres of employment floor space and 11,500 new homes. Once completed, it is anticipated Future Carrington will provide over 14,000 new jobs and contribute an additional 720 million GBP Gross Value Added per annum. Phase 1 of the project, comprising 725 houses and 93,000 square metres (1 million square feet) of industrial floor space, already benefits from outline planning approval.

About the project

At 650 hectares (1,600 acress) the Carrington estate is one of the largest freehold development sites in the north of England. It offers the opportunity to bring about transformation at a scale and pace rarely witnessed.

HIMOR is working closely with Trafford Council and other key delivery partners to unlock the infrastructure investments that will drive housing growth and demand for business space.

Key points are as follows:

  • 650 hectares in single ownership land holding.
  • Up to 11,500 new homes.
  • Up to 745,000 square metres of employment space.
  • New expressway linking M60 and M62 motorways.

Promoters and partnerships

The project promoter, Himor Group, is very well established and has considerable experience and track record in similar schemes. Local governance and decision making is at a local board level.

Trafford Council are the local authority who administers planning applications within the Carrington area. The project is also located within the MIDAS Local Enterprise Partnership (LEP) region and forms part of the Northern Powerhouse.

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Find out more about Future Carrington.