Wednesday, 13 November 2013

MSc Real Estate Field Trip: A Tale of Two Cities

The annual field trip to the North for the students on the MSc Real Estate. The students visited two cities: Manchester and Liverpool. Why? I asked Nick French (MSc Programme Leader) and got this reply:

'Manchester is a perfect example on how a city has developed a strategy to gentrify and improve itself. It is a perfect synergy of the public and private sectors coming together to promote and implement change. The contrast between Manchester 15 years ago and today is stark. Other cities (including Liverpool) are now going through similar changes but Manchester is a market that has matured and it is a good example to show the students how real estate markets work in practice'.

What about the history of Manchester and Liverpool? The two cities have such a lot in common: great music (not just Oasis and The Beatles), legendary football rivalries (Man Utd/City and Liverpool FC/Everton), humour, urban  regeneration (Liverpool Vision and New East Manchester), industrial heritage (Liverpool World Heritage and Visit Manchester) and just a great atmosphere, but there has always been a fierce rivalry between the two - and not just on the football pitch. It started back in the 19th century with a fight for supremacy in the cotton trade which resulted in the building of the Manchester Ship Canal in 1894. Take a look at the BBC's 'A Tale of Two Rival Cities' for more information.

The field trip was designed to introduce the students to issues of use, investment and development in the context of a specific commercial property market and will integrate the range of core real estate skills and disciplines covered in the first semester.

The first day of the field trip was dedicated to Manchester as follows:
  • Development and Regeneration in Manchester: the Urban Splash Model - presentation from Paul Jones (Urban Splash)
  • Office Redevelopment, Investment and Management in Manchester - presentation and site visit by Sam Darby (Bruntwood)
  • Salford/Manchester Orientation Tour - by Jamie Bottomley (Jones Lang LaSalle) and Jonathan Schofield (ManchesterConfidential)
  • Salford Keys Media City - site visit and presentation from The Peel Group
  • Commercial Property in Manchester: NOMA case study - presentation from Jamie Bottomley (Jones Lang LaSalle)

And the second day to Liverpool:

OK, so you want some photos - these come courtesy of Jess Hickey:

Wagamama - the first night

Presentation by Urban Splash

Presentation from The Peel Group at Media City

Media City, Salford Quays

Media City - under development

No comments:

Post a Comment