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Jumani Holdings has sold a site off Warwick Road to a Liverpool based developer.
The 42-storey Ian Simpson-designed landmark – which was originally unveiled three years ago – will sit on the edge of the Mancunian Way Ian Simpson’s designs for a new 42-storey skyscraper on River Street A sister skyscraper for Manchester’s iconic Beetham Tower is finally to be built – three years after plans were first unveiled. Designs for a new 42-storey landmark, half a mile away from the Hilton, were originally revealed by its renowned architect Ian Simpson in 2012. But the block never got built – and the land, at River Street on the edge of the Mancunian Way, has continued to house nothing but a derelict half-built multi-storey car […]
It comes after we revealed earlier this week how a new 42-storey landmark is to be built off the Mancunian Way How Manchester city centre will look once the NOMA development is complete Beetham Tower architect Ian Simpson has predicted a new cluster of skyscrapers will transform Manchester’s skyline in the next few years. We revealed on Tuesday how his plans for a second tower – half a mile away from the Hilton – are finally coming to fruition three years after they were first announced. He told the M.E.N. it was ‘brilliant’ that the new 42-storey landmark, off Mancunian Way, would now see the light of day. Asked whether […]
Data from Deloitte Real Estate suggests that 10,000 private rented sector (PRS) flats are due to be built in Manchester. An artist’s impression of the Select PRS scheme for the former-BBC site on Oxford Road in Manchester Manchester could be on the brink of a building boom as plans for more than 10,000 central Manchester rental flats move closer to development. Data from Deloitte Real Estate suggests that 10,000 private rented sector (PRS) flats are due to be built in Manchester. The surge in development is prompted by investment by pension funds, insurance companies and private businesses who think PRS is the next big property investment opportunity. Up to £30bn […]
Asset management pair Jonathan Nuttall and James Lewis say it will take five years to build a £1bn portfolio of property under management The Matrix 100 unit at Sealand Road, Chester A Manchester asset management duo plan to build a £1bn business. Jonathan Nuttall and James Lewis say it will take five years to build a £1bn portfolio of property under management on the back of the surge of property investors’ now targeting the north west. Earlier this week they advised Infra Red Capital Partners on a £42m deal to acquire 1m sq ft of north west warehouses and factories in a deal with Stretton Property Group. Nuttall and Lewis […]
Manchester City Council leader says President Xi’s presence acknowledged that, collectively, the great cities of the north can compete with mega-cities Sir Howard Bernstein and President Xi who recently visited Manchester If you put all the articles written about Chinese President Xi Jinping’s recent historic visit to Manchester end to end they would probably stretch the length of the Great Wall. The coverage, in Britain, China and elsewhere has been a fantastic opportunity to showcase the city and its role as a spearhead of innovation – from the pioneering industrial revolutionary spirit embodied in our own town hall to the innovation encapsulated in the University of Manchester’s groundbreaking research into […]
How the new tower near Deansgate Locks will look A new 35-storey skyscraper opposite Deansgate Locks could get the green light this week. The tower – on Whitworth Street West – would contain 327 apartments for private rental, a gym, cafe and a roof garden with views across the city. It will go before planners on Thursday, but faces objections from nearby residents and bars. The owner of Deansgate Locks bar Sugar Buddha, which has a 4am license, has warned he could be inundated with noise complaints from tenants once the block is built. And the City Inn, which is next door, says the skyscraper will block its emergency escape […]
Massive surge in demand for new office floorspace is driving up rents, according to experts Law firm Freshfields Bruckhaus Deringer will take 80,000 sq ft of space at One New Bailey Manchester is the most expensive city to rent an office outside London – and almost double the cost of Liverpool. Data from surveyors Lambert Smith Hampton and Knight Frank shows that Manchester is as much as 50 per cent more expensive that other cities, making its Northern Powerhouse rivals look cheap. The relatively high cost of Manchester offices has raised fears that the city could miss out on “Northshoring†– cutting costs by moving offices from London to cheaper […]
The new arrivals join the Middle Eastern, German, Swedish and North American investors who have so far dominated foreign interest in Manchester commercial property. The Chilean-backed buyers of a Manchester city office block say they are hunting for more properties to buy as a wave of New World investors arrive in the north west. Aprirose, the London-based real estate investment company, bought the 42,600 sq ft office block, 76 King Street, in Manchester, for £16m from Aspen Assets Limited. CBRE acted for Aprirose on 76 King Street and WHR Property Consultants acted for Aspen. Aprirose are understood to have acted for buyers from Chile. Elsewhere, South African buyers are said […]
An office building rising up to 16 storeys high in Manchester city centre, which would include ground-floor space for restaurants and cafes, has been given the green light by planners. Manchester City Council’s planning committee has approved West Midlands Metropolitan Authorities Pension Fund’s application for 23 Quay Street. The proposal involves knocking down Astley House and Byrom House, two 1960s-era interlinking office blocks that are 11 storeys and six storeys high respectively, and replacing them with a building divided into three blocks stepping up in height from east to west. As previously reported by Insider, the scheme had been recommended for approval by Manchester City Council’s planning officer. West Midlands […]
