Member Article

Plans submitted to redevelop central Manchester office block

Aberdeen Asset Management has submitted a planning application for the redevelopment of a 1960s office block in the commercial heart of Manchester.

The building, currently known as 40 Fountain Street, would be replaced by a new eight-storey structure totalling 86,000 sq ft net, designed by architects AHR.

To be renamed as 11 York Street, the new development is designed to meet the requirements of a broad cross section of a target market identified as primarily the commercial, professional and financial services office sector including occupiers already located nearby.

With large floor plates of up to 11,700 sq ft, the building is designed to accommodate high density use of both a single user and an occupier needing just one floor, and everything between including part floor splits.

If approved, the new building will feature glass, stone and steel elevations, a double storey entrance prominently situated on the corner of York Street and Fountain Street and a private business lounge as part of the reception facility.

Two further ground floor units suitable for either retail or coffee shop/restaurant use, a basement car park for 25 vehicles and comprehensive storage, showering and changing facilities for cycle users will also be included.

Edward Amery, senior asset manager at Aberdeen Asset Management, said: “We have been evolving the right development proposal for this asset for some time now.

“It is a prime site in an important part of the city centre where there are a number of listed buildings nearby. We have worked with the various stakeholders to ensure that we are bringing forward new development proposals that combine the very best of contemporary design with the architectural heritage of the area.”

The Manchester office of real estate advisors Colliers International has been appointed as development consultant and sole letting agent for the scheme.

Peter Gallagher, director, national offices at Colliers International Manchester, said: “The uptick in grade A take-up, the looming lack of supply and choice and the number of good quality occupiers who will be faced with lease events in the next 36 months makes this the ideal time to bring this scheme forward.

“We are confident we will attract occupiers who are looking for the very best new accommodation in Manchester.”

This was posted in Bdaily's Members' News section by Simon Malia .