Manchester City Centre has undergone jaw-dropping regeneration in the last two decades. Cranes are an ever-present feature of the skyline, and towering new buildings reflect a Manhattan-style skyline. For example, the marvelous No 1 Deansgate is the tallest all-steel residential building in the UK.
Walk for a few minutes, and you are confronted by Wakefield Tower, reckoned to be the tallest purpose-built student accommodation in the world. Such is the new Manchester: a place whose student population of nearly 40,000 gives its population an average age of 29 years. The city had a population growth of 20% between 2001 and 2011. In 1987, the population of the city centre was a mere 300; now it’s over 11,000. The city is predicted to exceed the UK’s average rate of economic growth for at least the next 10 years.
It has an enchanting building history and has reproduced and attracted specialists, performers and famous people throughout centuries. Manchester is the most phonetically different city in Western Europe, with up to 200 dialects spoken in the city.
What makes Manchester a destination to live and invest in?
Below are the reasons Ayana properties experts explained in details why you need to invest in Manchester.
1. The industrial revolution
Manchester’s evolution began from the transition to machine powered industry which brought about the inception of new ideas, creations and inventions. It has been since this time that industry in Manchester had started and ever since been constantly evolving. In Present day Manchester what we see is much more advanced, we are seeing The Nobel Prize winning graphene and The University of Manchester’s development of quantum dots.
2. The Independent Spirit & Creativity
A thriving hub for creativity and successful independent ventures can be found from the Northern Quarter all the way to Media City. There is a strong cafe culture within the city with ventures such as the North Tea Power and KoffeePot.
There is a vast concentration of design and creative agencies in Manchester which are actually some of the UK’s biggest and best agencies. Manchester is known for its art and culture, globally hosting the renowned Manchester International Festival which brings unique collaborations and artists to the city annually. Independently funded venues host pop-up exhibitions, events and experiences monthly.
Manchester is also home to Media City which is the home to BBC, ITV and The Arts Council England, further establishing Manchester as a creative and media power.
Other forces of creativity include Manchester Art Gallery, The John Ryland’s Library, The Museum of Science & Industry, The Imperial War Museum, The Lowry, The Peoples History Museum and Manchester Museum.
3. The Economy
Manchester, with a GDP of £28billion and home to over 2,000 foreign enterprises is seen as the UKs largest and fastest growing economy outside of London. The city has been seen as a catalyst for growth within the North of England.
Manchester’s unprecedented population growth has seen an increased demand, especially in the city centre’s, for local businesses.
There are forecasts now which indicate the population of Manchester to exceed 635,000 by the year 2025. Over 100,000 of these people will be living within the city centre location. Another reason for this population spurt is more and more students who chose to stay in Manchester after they finish their studies, this includes a large number of international students whose families also join. The city is enjoying a prolonged period of major investment.
Large scale investment is being poured into the cities industries bringing in constant job creation. Manchester is now known to thrive within both technology and the digital sector.
4. The Science
Manchester holds a wealth of scientific history. The worlds renowned physicist and chemist John Daulton had first developed the atomic theory here in the city, which in turn changed the face of science.
Another renowned scientist at Manchester was Alan Turing who invented The Manchester Mark 1, after publishing the paper on theoratical ‘’universal computing machine’’, which was one of the worlds earliest computers.
Now The University of Manchester has developed two award-winning materials graphene and quantum dots which again are changing the world.
5. The Music
Manchester is a city of musical heritage with Platinum bands such as Oasis, The Stone Roses, The Smiths and Take That. This is a thriving music scene full of diverse range of music venues as well as acclaimed and emerging artists. The Manchester arena attracts over one million visitors each year and is one of the busiest venues as well as one of Europe’s largest indoor arenas. It hosts the biggest of names in the music industry.
6. The Dining Culture
Dining in Manchester has recently evolved tremendously, with independent food ventures such as Almost Famous bringing new experiences to eating out. The Manchester Food & Drink Festival is now a firm calendar favourite and more events are happening every year.
Spinningfields is home to an array of unique restaurants nestled amongst the high-rise glass fronted offices and under shops. The Northern Quarter is home to an impressive number of independent bars and clubs. Manchester has an after-work Thursday culture second to none in the UK.
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