Nobu Tower Gets Boost for Affordable Housing

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. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7dd409423e4545cc