- On September 23, 2015
We read with interest the Manchester 2025 Vision compiled by BNY Mellon, forecasting how the City will look and feel in 10 years time. The report discusses significant economic growth and investment around the City, which “cements Manchester’s position at the centre of the Northern Powerhouse” exploring aspects such as property development, infrastructure, culture and population growth.
Some of the more significant findings include:-
-55,000 new jobs created
-Number of people living within 1hrs drive increasing from 7m to 15m
-The Cities population increasing by 125,000
-At least 9,000 new homes constructed
-Multi million (and billion) pound investment in the airport and infrastructure
-£19.4b economic output by 2030
These trends all point towards a vibrant prosperous City, one that will evolve and create meaningful optimism and attraction.
At an urbanisation level there will be a clear impact on the social and domestic make up. This has a detrimental effect on the likely extent of living space per head, as we have seen in other more densely populated Cities.
In this type of environment individuals are required to come up with more creative ways of living. Density of population often doesn’t lend itself to properties with garages, lofts, “spare” bedrooms as every inch of space is at a premium. Where do we park our car? Do we need a car? Where do our low use items go? Do we own or rent these items?
The future dynamic of growth will change many, many things, not least the way we choose to live and work. However it is worth considering there have been a great number of changes in the last 10 years also.
Since the economic downturn of the previous decade, the Self Storage sector has since a shift in use from its customer base. Once an environment in which home movers would store furniture, this has evolved year on year. A modern facility now houses a great number of businesses, start ups and established, units contain everyday and low use goods that individuals want to keep safe but not necessarily under the roof they sleep.
Storage World Manchester opened in January 2013 and represents the one of the most relevant facilities in the UK. To learn more, visit their website www.storageworld.co.uk or call 0161 274 4777.