Travel Supermarket, as covered by the Independent, have announced their top 20 coolest cities to live in Europe. In the ‘2018 Hip Hang-out Neighbourhood Index‘, three of Manchester’s districts were on the list, two in the top ten. Ranked on their independent businesses, creative spirit and value for money were regions in up-and-coming cities. Naming 3 areas of Manchester the coolest in the EU. We and our investors put a lot of consideration into such indexes, as it typically defines where young professionals are or will be drawn to in the future.
Coming in at number 7 is the Ancoats area of Manchester, celebrated for its independent food and drinks sector. Is was also named by the San Francisco Chronicle in 2017 as one of the best places to visit. This is in part due to its successful regeneration. It went on to describe Manchester as once home to the textile mills that defined the cities reputation as ‘cottonopolis’. It was also home to manufacturing industries such as glass and newspaper printing. Once old red-bricked factory buildings and mills have been transformed into modern businesses and flats. Street names still reflect that unsavoury past, such as Bengal Street which was home to the Victorian mob the ‘Bengal Tigers.’ Now independent cafes, TV studios, a theatre and beautiful historic churches own the streets. As you might guess, the area is very popular amongst young professionals.
At number 10 is the Chorlton suburb of Manchester. Laying southwest of the city centre. Culture Trip, which reported on many of Manchester’s hip neighbourhood, finding that “Chorlton was probably one of the best known”. The area has “gained a reputation as the most bohemian area of the city”. It is also “Home to one of the best vegan wholefood markets in the UK (Unicorn), and an array of quirky bars and eateries”. The neighbourhood has an “abundance of liberal-minded residents. One of the best bars including Mary & Archie’s and Strangebrew to sip your drink outside in the sun.” The area is a hit once more amongst young professionals, but also popular with students.
Lower on the official list (at number 19) is Manchester’s Northern Quarter. This was one of the named areas of Manchester coolest in the EU. Established as the city’s main hipster neighbourhood for over twenty years it has been. This is thanks to its extensive redevelopment and a buzzing cultural scene due to many young professionals live in the area. Situated among renovated industrial warehouses are the numerous independent bars, shops and cafes, traditional pubs and underground clubs that are regularly taken advantage of by many of the young professionals. Many of these small businesses even double up as restaurants, cafes and art galleries during the day. This adds a vibrancy and eclectic atmosphere.
The Northern Quota, who covered the story, found one commentator describe the area as an “increasingly homogeneous experience . . . by its users”. He noted further “the way its “authentic character” is now being “exploited”. Andy Young, a local business owner said: “The Northern Quarter is the perfect hub for fresh and creative business models and cutting edge ideas.”
We welcome the list/index’s findings. As we have always enjoyed the culture and atmosphere of city we and our investors want nothing more than for tenants to have a great living environment. Which many Manchester residents are now able to enjoy. We have delivered various off-plan sales in the Manchester area with more on the way for these very reasons. To find out more about the investment opportunities in Manchester, check out our Manchester section on the website.