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Old Granada TV studios saved for film and television production

As TV studios in London are being snapped up for conversion into luxury apartments, in Manchester, an iconic studio base has been saved.

The old Granada TV studios where Coronation Street was filmed is to be retained as a film and television production centre.

According to The Times, Aviva Investors will commit £300million to the project, branded Enterprise City, which is part of the £1.3billion St John's development.

The plans for the site see the studios being refurbished with new audience studios and workspace areas being added.

The studios were closed and put up for sale following ITV's decision to move its Manchester base to MediaCity UK at Salford Quays. Coronation Street moved to a new site on the opposite side of the water to the BBC's Salford studios.

In contrast, major TV production centres in London have been downsized or given up to housing developments. Recently, it was confirmed that ITV wouldn't be returning to its former South Bank site following a refurbishment - it was the home of many of ITV's weekend light entertainment shows and daytime magazine shows.  The BBC has reduced its studio footprint in central London, with its Studioworks division retaining a handful of studios at the former Television Centre, a number of which are now in permanent use by ITV.

The site of the old Granada studios in Manchester (Google Maps). The old Coronation Street set is bottom middle.

The new ITV Studios complex at Salford Quays (Google Maps); the current home of Coronation Street.