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The Peel Group is a British infrastructure and property investment business, based in Manchester. In 2022, its Peel Land and Property estate extends to 13 million square feet (1.2 km 2) of buildings, and over 33,000 acres (13,000 ha) of land and water. Peel retains minority stakes in its former ports business and MediaCityUK. [6] [7] [8] [5]
The idea for MediaCityUK began in 2004 when BBC announced that it was interested in moving hundreds of jobs away from London to another UK city. [3] The Peel Group was involved from the early stages of this move, which resulted in announcing the construction of a 200-acre development in Salford Quays, Greater Manchester.
Many of these office jobs are based in Manchester city centre and Salford Quays. Greater Manchester is home to various companies which operate in the United Kingdom or further afield in Europe and around the world. The city has a highly diversified economy and is a centre for cultural industries, retail, transport, logistics, financial, legal ...
X1 Michigan Towers is a residential development under construction in Salford Quays, Greater Manchester, England.When fully built, the scheme will comprise just over 1,300 homes across a cluster of four buildings ranging from 14 to 46 storeys.
The BBC signalled its intention to move jobs to Manchester in 2004, and the Salford Quays site was chosen in 2006. The Peel Group was granted planning permission to develop the site in 2007, and construction of the development, with its own energy generation plant and communications network, began the same year.
Port Salford is a freight terminal on the banks of the Manchester Ship Canal in Barton-upon-Irwell, Greater Manchester, England, 6 miles (9.7 km) west of Manchester city centre. The port is part of the Atlantic Gateway project and its construction was led by Peel Ports, a subsidiary of the Peel Group , and was opened in 2016.
One such example of his astute business mind was convincing the BBC to reject three other sites across Manchester to move to MediaCityUK in Salford Quays. The presence of the BBC would then act as a magnet to attract indie production companies to Salford and the Peel Group would make money from the rent and lease agreements on the development. [13]
The Port Salford facility will include a 153,000-square-metre (1,650,000 sq ft) warehousing facility and up to 3000 new jobs could be created. [16] It is envisaged that companies will choose to transport products and commodities via the waterborne route of the Manchester Ship Canal rather than by road or rail and reduce transportation costs for ...