Old Trafford Regeneration Mayoral Development Corporation – the driving force to deliver thousands of jobs and homes in the area, catalysed by a new 100,000‑seater stadium for Manchester United – is now fully constituted following Government approval.
It means that the planned 100,000-seater stadium is further supported by potential new investment, but also that the stadium itself will be a draw for investors, ultimately contributing more to the Trafford economy.
What is a Mayoral Development Corporation?
Mayoral Development Corporations (MDCs) are statutory bodies set up by the mayor, designed to speed up development and attract investment within a specific area. They represent a significant part of the devolved powers in Greater Manchester.
Manchester United statement
Manchester United have released a club statement welcoming the news: “Manchester United today welcomed the official launch of the Old Trafford Regeneration Mayoral Development Corporation (OTR MDC) – a major milestone in the journey towards a new world‑class home for the club and a vibrant district around Old Trafford.
“The OTR MDC will be the driving force behind the transformation of the 370‑acre Old Trafford area, supporting the delivery of more than 15,000 new homes and 90,000 jobs, improved public spaces, and significant infrastructure benefits for supporters, residents and visitors.
“Crucially, it also supports the ambition for a new 100,000‑capacity stadium for Manchester United, which will set a new benchmark for fan experience and atmosphere. The developments are expected to add over £7 billion per year to the UK economy.”
OTR MDC Chair, Lord Coe, said: “Today is a defining moment, the beginning of a long‑term commitment to transforming the Old Trafford area. We are now open for business – and there’s a lot to do! Over the next few months, we will share our outline masterplan, and we will begin to make this vision a reality.”
What does this mean for the new Manchester United stadium?
According to Trafford Council, the MDC will also support the ambitions for a new, world-class football stadium for Manchester United as part of the wider infrastructure and regeneration of the area. The Old Trafford Regeneration scheme is set to be the biggest sports-led regeneration project since London 2012, and the MDC will bring together the expertise and the drive to make it a success.
This should mean that the new Manchester United stadium should be fast-tracked, ensuring the project moves along and the club can move in as soon as possible. As always, we’ll keep you updated.