Living Ventures signs up for Spinningfields

DEVELOPER Allied London has wooed North West leisure operator Living Ventures to its Spinningfields location in Manchester city centre.

Knutsford-based Living Ventures, which operates the Gusto Italian restaurant brand and the Glackhouse steak restaurants, is opening two venues in the business district.

One will be a bar concept with food on Hardman Square and the second will be an up-market restaurant/club on The Avenue, the  retail core of Spinningfields.

The fit-out of both sites will begin in January next year. Living Ventures is investing £2.5m in the new openings.

Founder Tim Bacon recently revealed to TheBusinessDesk that he had set up a new business, Living Ventures Management, to launch a three new concepts.

The Australia-born entrepreneur previously founded the Living Room bar chain, but later sold it for nearly £30m.