CBRE Global Investors, on behalf of the West Midlands Pension Fund, has submitted plans for a 260,000 sq ft office project in the heart of Manchester.
The plans include the demolition of existing 1960s offices Astley and Byrom House on Quay Street to make way for a new stepped office block, ranging in height from eight to 16 storeys.
The site is opposite Allied London’s 343,000 sq ft No 1 Spinningfields, where PwC has agreed to take a 60,000 sq ft prelet.
The scheme is positioned to bookend Spinningfields and the St John’s Quarter, which is also being developed by Allied London. It is expected to require a prelet before being built out, although there is some appetite for a speculative start at a time of buoyancy in the Manchester occupier market.
Colliers International is advising on the Stride Treglown-designed scheme.
