Assessing Rights of Light for Manchester Build to Rent and office development

New Victoria Development site, Corporation Street, Manchester

Client

Muse Developments

Value

£185m

Sector

Offices and business space, Residential

We assisted Muse Developments with their landmark scheme at New Victoria, advising on Rights of Light matters. The vision is to deliver a mixed-use development, comprising 520 Build to Rent residential apartments and an office building, on an under-utilised surface car park located in Manchester city centre, adjacent to Victoria Station.

During our involvement we completed thorough due diligence on the various scheme designs as they came forward, as well as detailed technical reports to advise Muse on potential risks for the development and strategies to mitigate those risks.

We worked closely with Muse to broker agreements through detailed negotiations with the owners of neighbouring land. The development is due to complete in 2024.

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