IMPACT OF MANCHESTER BECOMING A RESIDENTIAL CITY

Impact Of Manchester Becoming A Residential City

Anyone who has spent any time in the area knows Greater Manchester is evolving rapidly. The construction of new homes is at the highest level for over a decade, but of course, there is a need for every one of these homes.

Manchester Council predicts that the city centre population could reach 100,000 in six years. Right now, cranes impact on the city, but the work changes the city and wider area. With more people living in the city centre, and within easy reach of the heart of Manchester, the area is on its way to being a ‘residential city’.

At Spencer Harvey, we have seen these changes at close hand. Manchester isn’t the only area that is evolving. The sums of money invested in developing Stockport has transformed, and will further transform, the town. Stockport isn’t alone in this, with Bolton experiencing similar changes.

Young families want more for their children these days

The changes in the heart of Manchester will influence people’s decision to move to the suburbs such as Stockport. Young families don’t want to bring up their children in the heart of a bustling city centre, but they do want to be close to the action.

Therefore, building homes isn’t enough; there is a need to provide facilities and support for families and a community. City centre life immediately offers gigs, shops, restaurants, cinemas and art galleries, and that is what people want. While there is a need to create more houses in these areas, replacing the facilities which people love on their doorstep with more homes will make the area less appealing, counteracting the development.

Be close to the things you love

Yes, people living in the city often do so to be close to their work, but they also want to be close to the activities they enjoy. That means there will be a limit on the residential changes in the heart of Manchester. There is still scope for many new homes and developments, but when you funnel more people into an area, there is also a need to provide them with more entertainment and convenience.

These are exciting times in Greater Manchester, and Stockport has a lot to offer. There are many destinations around Manchester, but few are moving forward with the pace and confidence that Stockport is proceeding with.

With convenient transport links to the centre of Manchester, and significant developments taking place, Stockport is the ideal place to buy, live or invest.As Stockport property specialists, we want to ensure you stay in touch with the latest property news. If you are looking for assistance in this area, give Spencer Harvey a call on 0161 480 8888 or send us an email at info@spencerharvey.co.uk. For a free valuation please visit: https://www.spencerharvey.co.uk/valuation-enquiry.html

 



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