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The selection of the new partnership follows a prestigious international competition, managed by New East Manchester on behalf of Ancoats Buildings Preservation Trust, the Heritage Lottery Fund and the Northwest Regional Development Agency (NWDA).

Murray's Mills development, which will incorporate a mix of 130 residential apartments, business properties, live/work units, a hotel and a textile resource centre, will be built around the restored canal front - enhancing Manchester's World Heritage Site bid.

Lyn Fenton, of New East Manchester, said: "The decision took time but was easy in the end as Inpartnership and The Burrell Company appreciated what we have collectively been trying to achieve. The plans for Murray's will benefit the wider community and also provide new facilities for Manchester as a whole."

Inpartnership and The Burrell Company are confident they can deliver an innovative approach to the re-use of historic buildings that will combine the best features from the original development with a quality new style.

Plans for Murray's Mills were designed by award-winning practice, Richard Murphy Architects, who have established an international reputation for their success of projects in historic environments.

Kate Dickson of Ancoats Buildings Preservation Trust said: "The historic essence of Murray's will be preserved through the sensitive restoration which is already underway, thanks to funding from the Heritage Lottery Fund and the Northwest Regional Development Agency (NWDA).

Inpartnership and The Burrell Company will add value with their original, modern plans for the conversion of the complex. I am delighted to be working with them and look forward to the completion of the project.

Graeme Hogg of Inpartnership, said: "Andy Burrell's reputation and experience in delivering heritage regeneration projects is exceptional. We look forward to sharing our joint passion for regeneration through creative investment solutions, quality design and a mix of uses that actively engage the community.

"We have assembled a dynamic and creative team that will guarantee an exciting future for Murray's Mills as part of the wider plans for the area. We at Inpartnership look forward to this very exciting challenge."

Maurice Gubbins, NWDA Area Manchester for Greater Manchester, said: "Ancoats was at the fore of Britain's industrial revolution but was in decline for most of the 20th Century. The area is a priority for the NWDA as part of East Manchester and we are delighted to have the opportunity to help restore these fine buildings."

The Wates Group, one of the UK's largest, privately owned construction and development companies, are currently on site restoring the Mills complex. Bernard Talbot from Wates Group, who grew up round the corner from the Mills, said: "We are exceptionally pleased to be working on the restoration of this internationally important and beautiful historic complex.

"Ancoats was the former industrial heart of the world and every floor of the Mills is living history. We expect to uncover many artefacts - especially when we start to excavate the canal basin. We look forward to involving the local community in this project."

New East Manchester

www.auvc.co.uk

New East Manchester Limited, established in October 1999, was the second Urban Regeneration Company to be created. The company is a partnership between national (English Partnerships), regional (North West Development Agency) and local government (Manchester City Council), with local communities playing a full part. The Ancoats Urban Village Company (part of New East Manchester) has direct responsibility for implementing the wider policy within the Ancoats area.

Encompassing 1,100ha situated immediately East of Manchester City Centre, ŒNew East Manchester‚ presents an opportunity for investment and regeneration on a scale unprecedented in an English city.

ABPT

www.ancoatsbpt.co.uk

Ancoats Buildings Preservation Trust is a registered charity that is responsible for regenerating historic buildings whose cost of repair is not viable for the private sector. Working with a range of partners ABPT is able to acquire, refurbish and resell or lease buildings.

NWDA

www.nwda.co.uk

The Northwest Regional Development Agency (NWDA) is responsible for the sustainable economic development and regeneration of England's Northwest and has 5 key priorities: Business Development, Regeneration, Skills and Employment, Infrastructure and Image.

HLF

www.hlf.org.uk

The Heritage Lottery Fund (HLF) enables communities to celebrate, look after and learn more about our diverse heritage. From our great museums and historic buildings to local parks and beauty spots or recording and celebrating traditions, customs and history, HLF grants open up our nation‚s heritage to everyone to enjoy. In the 10th Birthday Year of the National Lottery we have supported more than 15,000 projects, allocating over £3 billion across the UK

Inpartnership

www.inpartnershipgroup.com

Inpartnership is a specialist investment company focussing on urban regeneration. The company specialises in partnership type investment models, combining public sector assets with private capital to redevelop specific properties, or to regenerate areas of land. Inpartnership is currently working on a number of partnership initiatives including Salford City Council, Blackburn Borough Council and North Solihull Borough Council.

The Burrell Company

www.theburrellcompany.co.uk

The Burrell Company is an innovative property development company dedicated to the regeneration of urban areas. The objective of The Burrell Company is to employ excellence of design within the wider concept of sustainable development.

Led by founder Andrew Burrell, The Burrell Company has initiated projects which have made a considerable contribution to the environmental renaissance of our cities. The Burrell Company has built, converted or restored for residential, retail, office, leisure and educational uses. Many projects have received awards including Civic Trust, RIBA Architecture Awards, RIAS Regeneration Award and Saltire Award.

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