The regional airport is connected to an impressive list of over 200 international destinations, including the financial centres of Dubai, Hong Kong and New York. Manchester Airport City will also provide 1.4m sq ft of cargo and light industrial space offering freight companies and their business customers first rate access to motorway and air links.
In March last year, the Government selected the Manchester Airport City project to form part of its Enterprise Zone (EZ) initiative. This endorsement has added momentum to the scheme and will help to attract prospective occupiers.
Firms that move to an EZ will benefit from by tax relief incentives, which include research & development tax credits, enhanced capital allowances and relief from business rates of up to £ 275,000. The Treasury is keen to promote an export-led recovery and England’s north-west region accounts for 60% of the UK’s industrial output.
Therefore, hoping to tap into growth industries the Manchester Business Centre will be focused on logistics, advanced manufacturing as well as the healthcare and bio-technologies sectors.
To provide appropriate Manchester office space, the project developers have adopted contemporary architectural approach that will deliver sustainable and versatile new buildings that will achieve high BREEAM ratings.
John Atkins, MAG’s Airport City director said: “The planning approval is a major milestone, underlining the progress made in the last 12 months and enables us to progress to the delivery stage in 2013, driving forward opportunities to attract investment and create jobs.”