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SALFORD PRECINCT SOLD
 

Star date: 12th March 2010 

MARY BURNS ON THE PRECINCT

Salford Precinct, spiritual shopping homeland for proper Salford people, has been flogged off to secretive Isle of Man developers for £40million.

The last owners, Prime Commercial Properties, couldn't wait to get the place off their hands when plans for a huge Tesco superstore based across the road were announced last year. So why the sale?

Come with this cynical old fishwife, gaze into my crystal ball and see the future of Salford Shopping City – to give it its posh name…

Just click here…


SALFORD PRECINCT MARY BURNS
click image to enlarge

Salford Precinct has been sold to Praxis Holdings Ltd, "an off shore commercial property and investment company" that doesn't particularly specialise in wazzing up shopping precincts but does specialise in "the exploitation of planning gain and change of use and further development angles"…

Is Praxis going to do up the Precinct or run it down further and flog it off for its land value at a later date? These are the questions, perhaps, we should be asking.

If you look at the Precinct in the context of what's going on around the area, bulldozing it might make more commercial sense to an exploitative developer.

Firstly, you've got Tescos coming in at some point in the near future, which (as has been seen in other areas) will kill loads of trade on the Precinct, maybe forcing shops and market stalls to close.

Secondly, you've got this huge PFI redevelopment/regeneration of Pendleton going off, which (as has been seen in other areas of Salford) will force the local community out to build a place fit for yuppies.

Thirdly, the area is being linked in with plans for MediaCityUK, the tarting up of Chapel Street and the expansion of Manchester city centre.

Add all this together and the Precinct is looking like a blot on the planners/ developers' shiny new re-design of the area into some kind of Knightsbridge, or, as Salford URC label it a "beautiful, vibrant prosperous" city.

The last time they tried to do up the area they built the Precinct, only half finished it and wrecked the place in the process. But that's never stopped any developer trying to make a profit has it? These people work on 40 year plans and if there's a sniff of a financial killing they're in.

Gazing into my crystal ball I see the Precinct run down, knocked down and sold for its land value as a soulless `retail park'.

Yesterday, the Evening News quoted Councillor John Warmisham saying "These are exciting times for Pendleton…We hope that the new owners of Salford precinct will work with us to bring the best possible retailers into the city."

The MEN added underneath… `Praxis Holdings declined to comment'.

I wonder why?


 

Derek porter wrote
at 22:37:37 on 22 February 2015
Just to let you all know I work for castledene shopping centre owned by praxis aka salford estates. They have done wonders for our shopping centre and I'm sure will or by now have done. cheers
 
David Taylor wrote
at 16:20:35 on 13 April 2011
Salford Precinct is a landmark but it has alot of issues that need to be dealth with. If the new owners want to knock it down, go ahead just give us something better in it's place to supplement the Tesco (like the west one i n eccles supplements morrisons to a certain extent)
 
Dan wrote
at 19:28:36 on 11 March 2011
Can't wait for Tesco to open! It will bring jobs and other quality brands my even follow .. Although will anyone actually want a branch in Salford? Maybe if the areas regeneration is managed properly! Along with booting out some of the scum that frequent the area!
 
Dan wrote
at 19:27:44 on 11 March 2011
The quicker they do something with that absolute hell hole, the better! It's a complete concrete monstrosity of a place. Give Salford a chance to improve and be a place that you may actually want to shop in. Change can be for the better!
 
BERYL wrote
at 09:59:44 on 02 January 2011
To Whoever the New Owners are: Can you put a clock up when you have refurbished it?
 
Rachale Edwards wrote
at 16:23:09 on 16 December 2010
i think it should be knocked down and re built with primark& other things !!!
 
the light in the darkness wrote
at 11:14:38 on 16 December 2010
John Merry really needs a traditional greengrocer that sells fresh apples because one is required for his mouth. And a big barrel of apples is required for the rest of the pig farm !
 
David Henry wrote
at 07:04:55 on 16 December 2010
I'm with Donna! Primark 4 Pendleton please. Won't hold my breath though since Tesco sell everything ever made/invented. John Merry tells me he would absolutely "love a Waitrose!"
 
donna wrote
at 15:06:56 on 15 December 2010
i think there should be a primark on there
 
bill grady wrote
at 17:08:28 on 02 May 2010
Dear Mary I think what you say about Salford Shopping City is about right.It has not been the same since M&S left and that was a while ago then Wollies,Fads and Ethel Austins all went bust so it could do with some new life injecting into it.As for the market apart from the food hall it is almost gone so i cannot see it lasting much longer which is very sad because i used to love shopping there.
 
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