Manchester News Today | 2 Min News | The Daily News Now!
Manchester’s tallest skyscraper, the Nobu tower, is finally getting off the ground thanks to a £50 million loan from the GMCA, turning a financially shaky project into a city landmark. Rising 76 stories, it will deliver 452 luxury apartments, a hotel, and a restaurant — but its real impact lies in 133 social rent homes, closing a critical affordability gap. The loan, repayable by 2032 via sales and refinancing, also kicks off 60 apprenticeships and supports 2,000 construction jobs. This isn’t an isolated win — it’s part of the GMCA’s Good Growth Fund, backing other stalled developments to build homes and jobs across Greater Manchester.
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