Property news: CBRE; Castle Fin Art; Canning neighbourhood
CBRE will market developer Ballymore’s landmark Piccadilly Central scheme in Manchester.
Planning permission for what will be the city’s tallest building – a 60-storey residential tower – adjacent to the proposed HS2 station.
It will be home to 430 apartments in addition to 217 more homes in two other blocks.
There will also be a 220-bed hotel, a multi-storey park, shops and leisure units, and public space on the three-acre site.
CBRE’s Manchester land and development team is to market the site.
Steven Verity, senior director of land and development at CBRE Manchester, said: “Even without taking into account the HS2 hub which will be on the doorstep, the site is already one of the most strategic in the city, as it is adjacent to one of the North’s busiest transport interchanges, Piccadilly Station.
“We anticipate high levels of interest in this unprecedented opportunity,” he added.
CASTLE Fine Art is to relocate from 75 Deansgate to 12-14 King Street in Manchester in an effort to double the size of its premises and take advantage of the resurgence in the popularity of the area.
The gallery is to move to a 4,019sq ft unit previously operated by retailer Jaeger and will be flanked by luxury cosmetics business L’Occitane and fashion retailer, White Stuff.
Ian Weatherby-Blythe, managing director of Castle Fine Art, said: “King St is fast re-establishing itself as Manchester’s premium retail and leisure destination, and we’re delighted to be playing our part in that.
“We have some exciting plans for our gallery, and look forward to forging strong alliances with neighboring businesses.”
Jonathan Thompson, a director at Lambert Smith Hampton who acted on behalf of the building’s landlord said: “The gallery is the latest in a long line of diverse businesses to relocate to King Street.
“The arrival of a mix of retailers such as Neals Yard, Hawes & Curtis and Mint Velvet, plus restaurants and bars like El Gato Negro has sparked a renewed interest in the area which is driving shoppers and businesses to King Street in droves.”
DEMOLITION work has begun on a key site in Liverpool’s historic Canning neighbourhood which will pave the way for a £15m residential scheme comprising 109 apartments for rent.
The contemporary scheme, designed by Liverpool architects Falconer Chester Hall, will provide a mix of one and two bedroom homes over four upper floors, taking as its cue the fenestration and roof lines of the surrounding Georgian terraces.
The site of the former Toxteth Community College, on the corner of Falkner St and Bedford Street, will retain some educational use with women’s training organization and social enterprise, Blackburne House, taking 8,000 sq ft of space on the ground floor of the development.
“We’re delighted to be on site and getting cracking on what is a key scheme for the neighbourhood as well as for Blackburne House,” said Elliot Lawless of Elliot Group.
“Liverpool has strong appeal amongst retail investors and many return to us again and again to seek further opportunities to invest in the city.
“This project and our ‘triple towers’ proposal for Pall Mall are part of our strategy of widening our product range to allow investors to add variety to their portfolios.”
Demolition is being undertaken by Liverpool-based Mee Group and is scheduled to complete in August, with construction commencing in September.
The area, famous for its wide Georgian streets and squares, borders the city’s knowledge quarter to the north and the city centre to the west.
Educational trust Blackburne House occupies the former Liverpool Institute High School for Girls further along Falkner Street and had been looking for space to expand its range of training programmes and social enterprise initiatives.