Argent Group is poised to create a new Brindleyplace in the heart of Manchester after being selected to develop the city's Piccadilly Triangle site this week.
As Property Week went to press, the private property company was due to be confirmed as the developer for the 1.2ha (3 acre) site next to Piccadilly station. But Argent's planned 46,500 sq m (500,000 sq ft) mixed-use scheme is likely to be only the first part of a much larger transformation of the run-down Piccadilly area.

Argent beat Ician, a joint venture between Amec and Crosby Homes, which was its rival on the final shortlist. The decision was finalised this week by Manchester City Council and the Greater Manchester Passenger Transport Executive, which were advised by GVA Grimley.

The developer is building a 14,120 sq m (152,000 sq ft) office scheme on Piccadilly Gardens. The deal opens up the possibility of Argent assembling a site for a new mixed-use quarter along Piccadilly and Aytoun Street, which link the two sites.

A source close to the talks said: 'Argent wants to be seen as the developer for Piccadilly in the way Allied London is at Spinningfields.'