Infinity’s property fund has announced it has been granted planning permission for its first major deal.  The project, a £10 million development in Macclesfield, was agreed by the Planning Committee last week.

The multi-million pound deal is part of a significant regeneration scheme in the town centre. It will result in the creation of purpose built office space for new and emerging companies – the first development of its kind in the Cheshire market town.

The project is being funded and managed by Infinity’s property fund, which believes Macclesfield to be a potential growth area for new and emerging businesses. As part of the scheme, the existing property – situated close to the River Bollin and to Macclesfield’s new town centre re-development – will be partly demolished and rebuilt, with the existing Grade 2 listed building ‘Georgian Mill’,  restored to its original state.

Les Lang, property partner at Infinity, commented: “This investment is significant for a number of reasons. Not only is it the first property deal by Infinity, but it also marks a new era in commercial development for Macclesfield town centre. We’re anticipating considerable demand for the modern office space, which has a prime location in the heart of the town centre.”

Lang continued: “Infinity is committed to the funding and development of innovative projects with a strong emphasis on regeneration areas in city and town centres across the country. This project, which will be sustainable in both its design and its build, ticks all the right boxes and is the perfect launch pad for the Infinity property fund.”

Infinity is working alongside a number of partners on the development.  Anyone interested in the development should contact Chris Mulcahy at King Sturge on 0161 238 6228.