Manchester City Council has taken a stake in a science and innovation campus being planned close to the city’s airport.

The council has taken a 30% in MIX MANCHESTER while existing shareholder, Greater Manchester Pension Fund (GMPF), has increased its share in the project from 10% up to 30%.

 These changes follow Columbia Threadneedle Investments’ (CTI) decision to relinquish its 50% shareholding in the 2 million sq. ft. science and innovation campus next to Manchester Airport.

Commenting on behalf of MIX MANCHESTER, Gareth Jackson, group property director at Manchester Airports Group, said: “MCC’s investment marks an important milestone in the delivery of MIX MANCHESTER. This strategic move strengthens both regional confidence and ownership in one of the UK’s most significant science, innovation, and manufacturing campuses and will ensure the project delivers maximum benefit to Manchester and the wider region.”

Council leader, Bev Craig, added: “The airport is a key engine of economic growth and its impact is felt across the city and wider region. MIX MANCHESTER will create thousands of quality jobs in key growth industries – creating clear employment pathways for our residents to share in the success of our city.

“We believe MIX will be a catalyst for further investment in Wythenshawe – complementing the regeneration programmes in the local area – and an outstanding opportunity to attract and develop new businesses in a prime growth location, while creating financial returns for Manchester.” 

Manchester City Council’s Executive Committee approved the Strategic Regeneration Framework (SRF) for MIX MANCHESTER in November 2024, after an extensive public consultation with local residents, community groups, councillors and stakeholders.

 When completed, the development will be the UK’s only campus of its kind located next to an international airport, offering connectivity for global collaboration and creating up to 8,000 employment opportunities.

The ‘shovel-ready’ site benefits from £30m of joint venture capital invested in infrastructure, including a new pedestrian bridge linking to the airport, the Enterprise Way link road, and high-capacity utilities connections.

 Designed by Sheppard Robson and Planit, with CBRE as planning consultants, MIX MANCHESTER is being marketed by JLL and Track Real Estate as agents.