We all live in a new Man City house!
Manchester City Council has announced a 10-year partnership with City's Middle East owners, the Abu Dhabi United Group to deliver the housing, in a move that makes the whole government's promises to build new homes look like something of a shambles.
The first phase will see more than 830 new homes and significant employment opportunities delivered in Ancoats and New Islington.
Sir Richard Leese, lead singer with Manchester City Council, said:
"The planned transformation of the eastern edge of the City Centre is the single biggest residential investment Manchester has seen for a generation. Building thousands of quality new homes will be a fundamental part of our growth story and will deliver significant socioeconomic impact. We look forward to working with Abu Dhabi United Group to create a world class exemplar of regeneration."
Board director of the Abu Dhabi United Group, Marty Edelman, said: "We are effectively investing in the opportunities and positive circumstances created by our joint investments to date".
That's actually amazing. Well done Manchester.