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Cibitas granted planning extension

Developer Cibitas has been granted an extension to carry out a £1bn waterfront regeneration scheme in east Manchester.

The request to extend the outline planning permission was approved by city councillors on Thursday.

The developer is aiming to build 4,348 new homes on the land running eastwards from the New Islington scheme bordering Manchester city centre out to the City of Manchester stadium.

Alongside the houses Cibitas also plans to build retail, offices, restaurants, pubs, new public spaces and a primary school as part of the 40ha waterfront scheme.

The developer, which was originally granted planning permission for the project in 2008, must now submit an improved ecology report on the site before renewal is considered.

Cibitas is also required to produce a more in-depth planning application for the first phase of housing, which is expected to last 15 years.

The company is made up of the real estate arm of Dutch banking giant ING, and developers Stanhope, Waystone, and Pigeon Properties. Former Amec chairman and chief executive Sir Alan Cockshaw’s company Shawbridge Management is also involved in the joint venture.

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