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Greasley planning venture fund to attract the next Facebook or YouTube

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posted Mar 12, 2008 - 04:27 AM | 1 comment

Greasley planning venture fund to attract the next Facebook or YouTube

PropertyWeek.com has a great article about Brian Greasley's plans to launch a venture fund that will invest in Media City’s future tenants. There are not many details as yet, but the focus seems to be on attracting and supporting companies that will really put mediacity:uk on the map;

"The fund is still in the early stages of planning, and its size and length have yet to be finalised. Its purpose, however, will be to back Media City’s companies and help them create the next Facebook or YouTube."

Greasley also repeats his claims that 'Media City is our Silicon Valley', and discusses the scale of the task he now faces in trying to attract the brighest and best media companies to Salford Quays within the next few years. You can see the full article here.


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1 Comments so far

1. Mark Whitfield

I thought MediaCity:BLOG readers might be interested to know the current status of the actual build for MediaCity:UK in Salford Quays as of April 8th, 2008.

The site now consists of 12 cranes with a reported 9 more on the way (13th crane base in place). Most of the concrete cores of the new BBC building look to be in place or started, rising to 9-10 storeys (maybe more) for the highest cores. The cores are currently being surrounded by concrete pillars up to 6-7 storeys currently. There are upto 400 workers on site currently with a proposed 1000+ to be posted eventually with 20 cranes in all (according to unconfirmed reports from workers on-site).

The land for the taller buildings off to the side of the main BBC building (right from the Lowry Centre side) is still being dug and prepared but more temporary cabins are in place off Broadway (the road that runs through the back of the Quays) presumably to house more MediaCity:UK project staff and a contingent of the BBC (cameramen) looking at the latest articles across the internet.

The current phase of the build occupies 35-40 acres (next to the City Lofts flats) with other phases planned across the water on the Imperial War Museum side.

The overall site is something of the order of 200 acres but no visible signs of development has started outside the main phase 1 area currently. No doubt this will depend on discussions with other media companies being persuaded to join the MediaCity:UK estate.

For a photographic timeline for April 2008 and beyond (and pictures back all the way to May of last year), go to Google and search on ‘BBC Salford Quays Approved - Media City : UK whitfield’ in Google or goto ‘www.mawhitfield.co.uk/mcuk.htm’. The latter link will always redirect to the current months' pictures.

Judging be the pace of the development, there is a big push on to meet the 2010/11 date for the first phase completion.

Those currently thinking about a career in the media by way of a chosen degree (media studies, photography etc.) might be one of the 15,500 new jobs to be created between now and 2011 in the first phase of this build. Also, the price of properties (and especially flats) in the area will almost certainly rise as a result of the considerable development occuring in this location with new flats being built currently.

I have worked as an IT Manager in Salford Quays for 12 years and live in North Bolton. When I first came here, the skyline of the Quays area was relatively flat but now houses such buildings as The Designer Outlet (80 outlet stores), The iconic Lowry and Imperial War Museum Buildings and new flat developments which continue to be built in anticipation of the BBC move and general growth in this area.

Hope this update helps.

posted April 08, 2008 at 09:47 PM



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Looking for a job at MediaCityUK? You can see all the latest jobs available in or around MediaCity at MediaCityUKJobs.com. You can follow via twitter at twitter.com/MediaCityUKJobs, or sign up for email alerts. Jun 12, 2009 - 09:00 PM

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