Property
New images reveal how Debenhams Manchester will look after huge transformation
Look at these!
Brand new images reveal how Debenhams on Market street in Manchester city centre will look after it has gone through a huge transformation.
The iconic Grade II listed building currently stands empty on the bustling shopping street and is in need of some TLC. Once a busy department store, the empty building which was home to the household brand, is now covered in graffiti after it fell into administration in 2020.
Debenhams was later bought by Manchester-headquartered fashion giant Boohoo but all its stores were closed, leaving the site, known as the Rylands building, looking sad and in desperate need of a facelift.
Last year, global real-estate investment firm AM Alpha, based in Munich, confirmed that works were to get underway to breathe new life into the structure and transform it into a mixed-use development compromising retail, leisure and office space.
However, after Debenhams vacated it fell victim to vandals as it had its windows smashed and became covered in spray paint — which saw it dubbed as the city’s scruffiest building.
Situated close to Piccadilly Gardens, the multi-storey building was originally built in 1932 as a warehouse by J. Gerrard and Sons of Swinton for the Rylands textile company. It was designed by local architects, Fairhursts, in an Art Deco style, complete with a decorative corner tower and zig zag window ledges.
Exciting new digital images have revealed how the derelict site could look after it has undergone a major glow-up with works set to commence this year. The £68.5m redevelopment project was approved by Manchester City Council in January 2021.
The plans will see the upper floors of the grand building turned into high-quality, modern office spaces while the ground floor will be home to a new shopping arcade. A four-storey extension will also be added onto the site.
Enabling works for the transformation of the vacant building have already begun, with main works scheduled to start in 2023 and completion expected in early 2025.
Construction company Russell WBHO is acting as a construction partner for the project while property companies OBI and Barker Proudlove are letting agents for the building.
Stephan Schmid, Senior Vice President at AM alpha: “Working with listed buildings is always a great privilege. We are proud to be able to give this historic Manchester landmark a new future and restore Rylands to its former glory in a very sustainable way.
“In this way, we are also helping to achieve Greater Manchester’s 2038 carbon neutrality target.”
Local construction company Russell WBHO, which specialises in listed and sustainable projects, will act as a construction partner for the project, while local property companies OBI and Barker Proudlove have been appointed as letting agents.
“It’s fantastic working with AM alpha on such an exciting project in our home town. Rylands is a well-known, impressive building,” says Will Lewis, founding director at OBI.
“The property is close to bustling areas such as Piccadilly Gardens and the Northern Quarter and will appeal to many local businesses. Due to the sought-after location, we already see a lot of interest from potential future tenants.”
Gareth Russell, founder and managing director of Russell WBHO: “We are delighted to be working with AM alpha to revitalise the historic Rylands building and position it in the market as a highly sustainable building. With our extensive experience in historic preservation and sustainable building, we will make AM Alpha’s vision a reality.”
Property
New apartment development with huge gardens and outdoor space opening this year
Make sure you check these out!
Manchester is getting a stunning new apartment development this autumn, set in beautiful landscaped gardens.
Acer will be the first residential development to open at Square Gardens, located in the First Street area.
Monthly rental for each apartment includes utility bills, super-fast wi-fi, use of all communal facilities and 24/7 security.
Square Gardens / Acer
You can grab a co-living apartment starting from £935 per month, studios from £1540 per month, and apartments from £2120 per month.
From one-bed apartments to studios and shared apartments, there will be 1,187 living spaces when it opens its doors.
It’ll be home to one of the city’s biggest communal outdoor spaces, with this ethos mirrored inside with several apartment spaces dedicated to co-living.
The community feel is also seen in the various lounge and social spaces, as well as co-working and meeting areas.
Square Gardens / Acer
Acer will boast a large, state-of-the-art gym on site, as well as media rooms, private kitchen and dining rooms to use, and regular resident and community events.
The development’s co-living apartments range from three to five bedrooms, all fully furnished with en-suite rooms, while there are also studio apartments and one-bed apartments – with separate bathrooms and open plan kitchen and living areas.
Head HERE to find out more.
Property
Plans for new tallest tower said to be ‘the landmark of Manchester’
Plans for the new tower will place it among Europe’s tallest high rises
Property developer Salboy is set to submit plans for a new tower which will be the tallest in the city among a cluster of skyscrapers.
If proposals are approved, the 241m (790ft) high Viadux 2 scheme is expected to take four years to build.
Salboy’s Managing Director, Simon Ismail, has said it is going to be ‘the landmark of Manchester’, the BBC reports.
Once completed, the new skyscraper will overtake Deansgate Square’s South Tower at 201m (695ft) high and dwarf the Beetham Tower at 169 m (554ft) high.
“We purposefully wanted to go for the tallest residential building in Europe… it’s a flagship building,” Mr Ismail told the BBC.
The Viadux 2 tower will hold around 800 apartments, providing homes for residents looking to live in Manchester, where housing is in great demand.
Mr Ismail said much of that demand for homes in the city was driven by ‘postgrads staying on, the largest student population in Europe, and a cost of living that’s half of that in London’.
Salboy says it has already provided about 4,000 homes in Manchester, and as long as there is ‘massive demand for homes, the firm will continue to build, Mr Ismail said.
The developer is also working on St Michael’s Tower with the former Manchester United footballer Gary Neville.
Manchester has seen a huge boom in skyscrapers over the last 10 years, with an ever evolving skyline.
Mr Ismail says he has ‘no idea’ how long the city’s skyscraper boom will continue, but that he never believed it when people had previously claimed ‘the bubble was going to burst’.
Adding: “When you look at what Manchester’s got behind it, it’s got too much backing it up, industrious people and a history of doing things right.”
Subject to approval, Salboy hopes to start work on the tower sometime this year.
Property developer Renaker has built a collection of skyscrapers at Great Jackson Street, along the southern border of the city centre.
The firm has also built towers at Colliers Yard in Salford and has started a scheme to build four skyscrapers at Trinity Islands, by the River Irwell.
Renaker has received more than £500m in loans from the Greater Manchester Housing Investment Fund – which was launched by George Osborne when he was chancellor of the exchequer in 2014.
The funding is loaned to developers by the Greater Manchester Combined Authority (GMCA) and is then paid back. The value of the loans has now reached £942.5m with more than 10,500 new homes being supported from it so far.
Property
New build-to-rent community launching in Manchester neighbourhood named ‘best up-and-coming place to live’
Some stunning properties on offer
A new build-to-rent community is launching in Piccadilly East, the city centre neighbourhood named one of the ‘best up-and-coming places to live in the UK’ by the Sunday Times.
The Castings will be a new creative hub, owned by the people behind the five-star Lowry Hotel, and situated behind Piccadilly Station.
Made up of studio, one, two and three bedroom apartments, the development on the cusp of the Northern Quarter and Ancoats will feature a host of amenities.
The Castings
This includes a new yoga room and gym, a games room, private dining spaces and a work hub. There will also be three food and beverage outlets on the ground floor.
Piccadilly East was named in the Sunday Times’ list of best places to live in 2020, located within walking distance from the bars and restaurants of Ancoats and the Piccadilly Basin.
Cloudwater and Track brewery taprooms, Diecast, Ducie Street Warehouse and the soon-to-open Co-op Live are all also nearby.
The Castings
As the name suggests, the 350 design-led apartments are inspired by the casting of metals, incorporating industrial shapes, flowing forms and molten textures.
On the imminent launch, The Castings community manager Dave Evans said: “In just a couple of months, we’ll be welcoming residents into our new community. The focus for The Castings has been to create much more than just apartments; it’s a whole new lifestyle, with the best service and living experience that Manchester has to offer.
“Piccadilly East is a really exciting area to be part of which already contains some of the most exciting venues within the city, it’s the next generation of Manchester, and following on from the footsteps of Ancoats we hope to continue to create the next bustling creative hub in the city.”
The Castings
The prices for the new scheme start from £1150 per month for a studio apartment, £1250 for a 1-bed apartment, £1525 per month for a 2-bed and £2175 for a 3-bed apartment.
You can book in for viewings now, with move-in dates from June. Register interest here.
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