The BBC Trust has agreed details terms with Peel Holdings, the owners of the land in Salford Quays, about the upcoming move. Five Live and other departments will leave London in 2011. It is expected that preliminary work will begin at mediacity:uk in Salford Quays within days.
BBC Director-General, Mark Thompson, said: "I'm delighted that the BBC's vision for its expanded presence in the North of England is now firmly on the road to reality. I'm excited by the plans and believe they have a key part to play in the BBC's future.
"The modern, multimedia broadcast and production centre in Salford will shift the BBC's centre of gravity away from London, bringing a range of creative benefits to us and, I hope, helping us to better reflect and represent the whole of the UK.
"I'm glad that the BBC Trust agreed that this project represents value for money for licence fee payers and that we are now able to proceed."
Century FM, Smooth Radio, Xfm and Capital Gold are already based in the area.
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In addition to offices, another four star hotel, more apartments, cafes, bars, restaurants, a new NHS walk-in centre, a community police station and a city academy – from doctors to dentists, delis to dry cleaners, nurseries to gyms – will all will be in place by 2010.
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