Planning application granted for new £70m Manchester office scheme
Plans for a new £70m Breeam excellent office scheme in the heart of Manchester have been approved, with construction expected to start in summer 2016.
The landmark office scheme will be delivered by Worthington Properties, part of the Lancashire-based Marcus Worthington Group.
It will occupy a prime office location on Deansgate strategically positioned between the gateway to Spinningfields and Manchester’s civic core, and provide 113,500 sq ft of Grade A office space and a further 12,100 sq ft of retail space over two units.
Replacing 123-127 Deansgate, it will form an integral part of the wider redevelopment of Brazenose Street and Lincoln Square.
Russell Worthington, director of Worthington Properties, said: “This is a significant opportunity to provide quality office space in one of the busiest and most sought after locations in Manchester. The building is going to complement the surrounding area and help to transform the landscape, and we’re looking forward to starting work in the New Year.”
Glenn Howells Architects, which designed One St Peter’s Square and Vimto Gardens in Manchester and Salford respectively, was tasked with creating the impressive designs.
Dav Bansal, director added: “The scheme is in a great location as a key marker to the growing commercial district of Spinningfields and strengthening its connection to Manchester’s civic quarter. We are delighted with the support from the city’s planning team for this ambitious project and look forward to now delivering it over the coming years.”
Leading real estate agencies Savills and Knight Frank have been appointed to market the scheme.
James Evans, of Savills added: “This building will be an iconic addition to the Manchester skyline. The blend of high quality office accommodation, numerous leisure and retail amenities and the profile 125 Deansgate will provide to businesses that choose to locate within it, will undoubtedly make the scheme a great success”.
Planning advice and guidance was provided by Deloitte Real Estate.