Developers Peel Media have appointed Cushman & Wakefield to assist in the development and promotion of Mediacity UK to potential occupiers. The company is the world's largest privately held real estate services firm and transacted over 10m sq ft of space across Europe last year.
Work is already under way onsite at Salford Quays to transform 200 acres of former dockland into an internationally significant creative industries community.
The Mediacity UK development will be home not only to the BBC and other leading broadcasters, but the full range of media and creative organisations, as well as new retail, leisure and residential space.
Phase 1 of the development comprises 500,035 sq ft office buildings, 224,000 sq ft of broadcast studios, 40,000 sq ft of post-production facilities, a 206-bed, three-star hotel and 371 apartments, all due for completion in 2011.
International
Ed Burrows, property director of Peel said: "Peel have appointed Cushman & Wakefield as international property agents for Mediacity UK.
"The scale and reach of this development makes it one of the most significant instructions in the country. We are focusing initially on ensuring that the Mediacity UK offering is the number one choice for the whole of the media industry and believe that Cushman & Wakefield's international expertise is ideally suited to assisting the team create the best environment to attract a range of media and creative industries."
Tony Bray, joint head of the Manchester office at Cushman & Wakefield, said: "Mediacity UK will be one of the most important commercial led developments in the UK in the next decade.
"We will be using our global platform to attract world renowned tenants to complement the BBC."
Once complete, Mediacity UK will provide space for an estimated 1,150 media, creative and related businesses and provide employment opportunities for 15,500 people.
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Quays Mark, Salford Quays (01/10/2007 at 08:45)