Major redevelopment plans aim to create Europe’s largest sports-led urban regeneration project.
Manchester United’s ambitious plans to redevelop Old Trafford could surpass the scale of the London 2012 Olympics regeneration, according to Lord Sebastian Coe. Speaking at the MIPIM property conference, Coe, who chairs the Old Trafford Regeneration Taskforce, described the project as potentially the most significant of its kind in Europe.
The redevelopment proposal aims to transform the Old Trafford area, with a state-of-the-art stadium at its core. Coe stressed the importance of a visionary approach, ensuring the project extends beyond football to become a major driver of urban regeneration.
“We have to think big,” Coe stated and suggested that the plans were not just about a football stadium, but also about creating a legacy that revitalises the area, improves infrastructure, and boosts economic growth.
While specific details have yet to be confirmed, the project is expected to have a substantial impact on property values, transport networks, and the local economy.
Investors and developers are already taking notice, anticipating significant opportunities in the area. If the plans come to fruition,