MIDAS Monthly February
MIDAS Manchester's Inward Investment Agency
Connecting Greater Manchester to the world to create investment and jobs in the city-region.
Last month Mayor Andy Burnham unveiled a ground-breaking plan targeting six key Growth Locations across all 10 boroughs of Greater Manchester. With our unique devolved powers, we're looking at unlocking ￡1 billion in investment annually and delivering 75,000 new homes during this parliament.
We're already seeing this confidence reflected in business investments. Reply launched their new technology consulting office in the Lincoln Building. Auto Trader confirmed they will be continuing to grow in Greater Manchester and will make Circle Square their new 130,000 sq ft headquarters. Manchester Building Society also committed to the opening of a flagship branch in King Street to bring financial services back to the high street.
Next month, Greater Manchester will be showcasing the region’s strengths at both MIPIM 2025 in Cannes and SXSW 2025 in Austin. These global platforms will provide the perfect opportunity to share our city-region's success stories and build on growth opportunities.
Finally, I would like to extend a thank you to our partners and colleagues who attended our MIDAS drinks reception earlier this week. Looking forward to working together in the year ahead.
Joe Manning
Managing Director, MIDAS, Manchester's Inward Investment Agency
Highlights & Insights
Wider View
In January, Reply opened its Manchester office, with a morning event featuring an office tour and a panel discussion on AI’s impact in Greater Manchester. This event invited media, community leaders, clients, and educators to explore Reply’s facilities.?
Manchester also saw the expansion of Auto Trader, as one of the biggest office requirements in the North West was secured by Bruntwood SciTech for its Circle Square development to the south of the city centre. Auto Trader has agreed a lease for 130,000 sq ft of office space at No.3 Circle Square.
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Greater Manchester sets out trailblazing plan to kickstart a new decade of growth
Greater Manchester has unveiled its ambitious ten-year growth strategy, a groundbreaking plan focused on transforming housing and job opportunities. The strategy targets six nationally significant Growth Locations spanning all 10 boroughs. The published proposals aim to mobilise the entire Greater Manchester system to secure ￡1 billion in annual investment over the next decade, driving homebuilding at a scale and speed unmatched in the past 20 years.
Greater Manchester unveils five-year strategy for sustainable visitor economy growth
Another new strategy was launched last month. This time developed by Marketing Manchester, which is the city region’s official VisitEngland Local Visitor Economy Partnership (LVEP) - following a detailed consultation with stakeholders and business leaders across Greater Manchester. The strategy sets out a roadmap to lead the sector through an expected period of growth in the coming years.?
Upcoming Events
DTX Manchester: The North’s biggest digital & IT event - April 2?- April 3
DTX Manchester brings together tech and IT professionals to explore innovation, business growth, and secure solutions. As part of Manchester Tech Week, it’s a great chance to network, discover new technology, and hear from industry experts.
UK Space Conference 2025 -??July 16 - July 17
UK Space Conference is back for 2025 with a new venue, a host of new conference features, and another international line up of expert speakers.?
Did you know...
Manchester Arndale has the largest inner city centre shopping area in the UK?
The Arndale Shopping Centre, built in 1972, is the biggest shopping in a city centre in the UK. The retail destination even has its own radio station broadcast inside, called Centre Sound.