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Economic Development

'º£½ÇÊÓÆµ first' could mean Manchester city centre retail and hospitality workers get cheaper homes

Labour councillors are in talks with a developer to secure a government grant to build a fifth of the 879 flats at Mayfield as 'affordable housing' for retail and hospitality workers

How the new apartment towers at Mayfield Park will look(Image: Assembly Studios/Landsec)

Retail and hospitality workers in Manchester city centre could be offered more affordable flats, a first in the º£½ÇÊÓÆµ, following the approval of hundreds of apartments.

Ongoing negotiations are taking place to secure a government grant that would make 175 flats at Mayfield affordable, which would be a fifth of the 879 flats granted planning permission by Manchester City Council on July 31.

Funds from Homes England would contribute towards construction costs, enabling developers Landsec to maintain profitability on the project to erect four skyscrapers - two of 23 storeys tall and two of 28 - around Mayfield Park.

This was revealed by Cllr Sam Wheeler during a town hall meeting, where he said that trade unions would participate in the process to 'target' service industry employees.

"We have had discussions with the developers and we are actively looking at Homes England funding to ensure 20 per cent affordable on-site," said the Labour councillor for Piccadilly. "[It would be] targeted directly at workers in the hospitality and retail sectors.

"It's crucial that people who make the city centre run can live here. If we manage to pull it off it would be the first place in the country to do so."

Following the meeting, the developer confirmed its "intention" to make "20% of the first phase of homes affordable housing", stating it is working to secure the necessary grants and "ensure that the affordable homes provided by the scheme are prioritised for key workers who provide essential services in Manchester".

Despite Landsec not currently including any affordable housing as the project does not meet the required 20% viability threshold, it will expand Mayfield Park by 40% with the towers. It has also contributed to the council's "housing affordability fund", which is used to finance affordable homes in other areas.