Footballer Ryan Giggs and his ex-team-mate Gary Neville have teamed up with a £140m plan to re-develop an area of Manchester around the historic Bootle Street Police Station. The pair is working in conjunction with Manchester council, who have taken ownership of Bootle Street for a reported £2m.
The team are also said to be working with one of the major luxury hotel operators. Other property space that will be included in the extensive re-development plans are Manchester’s Reform Synangouge and the empty Sir Ralph Abercrombie pub.
The pair has plans to develop a large amount of offices, eateries and a luxury five-star hotel on their acquired space. The area is close to the buzzing, popular Deansgate which attracts a great deal of visitors to Manchester. For months the council has been negotiating a deal with the police commissioner for ownership of the station, which has acted as police headquarters for over eighty years.
Former footballer Neville has turned his concentration to the world of property in a big way, as he is also working with Giggs on a project to build Hotel Football at Old Trafford which will open this year.
The move comes at an interesting time for Manchester, which has recently seen the arrival of the BBC studios. A spokesman said of the project: 'This is an exciting regeneration opportunity in a significant location which we believe will add to the vibrancy of Manchester city centre.'