A contribution of £10 million from the Council will support a new campus for Manchester Metropolitan University that is central to regeneration plans in Hulme.
The new Birley Fields campus in Manchester will be at the centre of the local community and will house 6,000 staff and students in education, health and social care programmes and research. It comes about following contributions from HEFCE, the North West Development Agency, and Manchester City Council.
Sir Alan Langlands, Chief Executive of the HEFCE, said:
'We are very pleased to be working in partnership to enable Manchester Metropolitan University to create a new campus which combines leading environmental and sustainable design with the latest facilities for students and staff. This is a very exciting development because it brings higher education into the heart of an inner city community in need of economic renewal.'