University of Manchester’s £1.5 Billion ID Manchester District Development

In UK Eversheds Sutherland, advised on the matter.

Eversheds Sutherland advised University of Manchester with a team including Kuljeet Gill (Picture – Public Law).

The University of Manchester completed ID Manchester, a c.£1.5 billion global-leading innovation district.

ID Manchester is a 11.8 hectare site which was identified as a transformational strategic development site by the University. The University’s vision is to create a dynamic community with innovation, collaboration and enterprise at its heart.

The redevelopment involves the creation of a c.£1.5 billion world-class innovation district and major mixed use scheme with opportunities for office, residential, retail, leisure, hotels and research and development.

The opportunity was launched to the market in September 2019 and the University  completed its competitive dialogue procurement process to seek an investor and development partner and appointed Bruntwood Sci-Tech in 2021.

The Eversheds Sutherland multi-disciplinary team was led by Partner Kuljeet Gill (Picture), assisted by Partner Liz Marshall (procurement), Legal Director Ian Barker (real estate), Legal Director Tracy Gibson (real estate) and Associates Charlotte Tanikal (real estate), Sasha Fasolilli, Laura Nally and Lara Davies (all commercial).

Involved fees earner: Ian Barker – Eversheds Sutherland; Lara Davies – Eversheds Sutherland; Sasha Fasolilli – Eversheds Sutherland; Tracy Gibson – Eversheds Sutherland; Kuljeet Gill – Eversheds Sutherland; Laura Nally – Eversheds Sutherland; Charlotte Tanikal – Eversheds Sutherland;

Law Firms: Eversheds Sutherland;

Clients: University of Manchester;

Author: Giulia Di Palma