Old Trafford regeneration plans move step closer
- Published
Transformation of the Old Trafford area has moved a step closer after the public body due to be chaired by Lord Coe was approved by Trafford Council and Greater Manchester Combined Authority.
Manchester United owner Sir Jim Ratcliffe wants a new stadium to be a central part of the plans.
Ratcliffe unveiled impressive designs for the proposed stadium in March last year that included a distinctive 'circus tent'.
However, as negotiations with Freightliner, the organisation that owns land needed for the stadium, are proving difficult, it is understood United have asked for alternative plans to be drawn up.
No decision has been made on the exact nature of the proposed stadium and planning permission has yet to be requested.
However, the establishment of the Old Trafford Regeneration Mayoral Development Corporation is viewed as being critical to the overall development of the area, which will include 15,000 new homes.
It will be legally formalised following Parliamentary approval.
A spokesperson for Trafford Council said: "The MDC will be a powerful organisation that will bring significant advantages to this ambitious, complex and long-term project.
"Its broad public and private sector expertise at board level will focus on co-ordinated and consistent delivery to develop and deliver the strategic vision to make Old Trafford a world-class, community and sports-led visitor destination, rich in culture and entertainment."