Renaissance consortium to transform site in east Manchester

A 107ha site in east Manchester is set to be transformed by the Renaissance consortium. Manchester City Council chose the group as its preferred partner for the Miles Platting scheme, which involves refurbishing 1,600 council properties and building more than 1,000 family homes. The project, which is worth up to £200 million, is being funded through a private finance initiative and more than £100 million of public money. Building work on the five-year refurbishment programme will begin early next year while home construction will start in 2008 and is likely to take eight years. The consortium comprises Lovell, Family Housing Association and Mill Group Ltd.

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