East Manchester to welcome £1bn regeneration plans

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Manchester City Council, city council body New East Manchester and Manchester City Football Club (MCFC) have signed a formal agreement to create a transformation plan on the area surrounding the City of Manchester football stadium.The scheme will transform one of the poorest areas of the city and create hundreds of new jobs by introducing a new training complex on unused land by the stadium and expansion to the actual arena itself."MCFC has always been at the heart of the community it serves," says CEO Garry Cook. "The longer-term considerations for the area reflect the long term commitments of our new owners and the community it serves."Detailed plans are yet to be announced, but proposals tie in with the council’s hope to create a "nationally-significant destination", earmarked for the area since the abandonment of a planned super-casino.Chair of New East Manchester, Simon Bate, says: "This agreement is pivotal of this area. It will give us a chance to restore economic dynamism to east Manchester, enabling businesses, local residents and football supporters alike to benefit from future investment."A Metrolink tram stop is also set to be incorporated into plans to provide more transportation links to the site.
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