Property Development & Investment

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Nikal and Trafford Council welcome the granting of the compulsory purchase order for Altair site

Nikal has won the planning battle for its £100 million scheme Altair, which would be linked to a major upgrade of Altrincham and the Altrincham Interchange, aiming to breathe new life into the town.

A compulsory purchase order granted to force ATS Euromaster off its site on Oakfield Road, which means that a major obstacle has been removed from the path of the redevelopment. The Altair project comprises a hotel, leisure facilities including an ice rink, homes, offices, shops, restaurants and cafes and a 500-space underground car park.

Developers Nikal claimed last year at the public meeting into the CPO that it was essential to demolish the ATS Euromaster garage and neighbouring Bridge Inn pub for the project to go ahead as planned.

The pub has just been demolished after it was recently bought by Trafford Council and now the way is clear for the garage to be removed.

Nick Payne, managing director of Nikal, said the CPO had 'opened the gateway' for work to begin on Altair next year - and the development could be in place by 2016.

"This is incredibly good news and it is now all systems go. It will be the biggest development in Altrincham for some considerable time and it is sorely needed."

He explained that as the scheme had lost out in its bid to build a new Altrincham hospital, the plans would have to be amended, which would probably see the number of homes increased from 30 to 150.

It was hoped to complete most of the work in one phase – if that was the case it could be completed in two and a half to three years. The timescale would be four years if it was completed in phases.

Trafford executive councillor Mike Cornes said: “I am extremely pleased that we have confirmation of the CPO which will enable the council to assembly fully the Altair site so that the ambitious development can proceed. This multi-million pound scheme, being delivered by our partners Nikal, will transform the look and feel of Altrincham, bringing huge benefits to the town centre.

"These are exciting times for Altrincham, and local people can be assured that the council is dedicated to securing a bright future for the town. We are working closely with business and community groups as part of the Altrincham Forward group to ensure the town can re-establish itself as a first class destination.”

For more information about Altair please give the Nikal office a call on 0161 2141800.

Contact

Manchester City Centre
Mynshulls House
14 Cateaton Street Manchester
M3 1SQ
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Tel: +44 (0) 161 214 1800
Tel: +44 (0) 161 214 1818
Email: info@nikal.uk.com

Manchester South
20 Market Street
Altrincham
Cheshire
WA14 1PF
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Tel: +44 (0) 161 927 3100
Tel: +44 (0) 161 927 3101
Email: info@myburo.co.uk

Birmingham
Masshouse Developments
McLaren Building
35 Dale End
Birmingham
B4 7LN
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Poole
West Quay Road
Poole
Dorset
BH15 1HX
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