Wise Observer

British property titan Allied London has revealed its vision to develop a new 150,000 square foot office project. The office is to sit on the current well-known Manchester Spinningfields site. Partly due to the worldwide economic crisis, there have been no plans put forward of a concrete nature

Since the recession began, there have been no plans for major new office space in the city, that is, until now. However, the Manchester City Council surprised many by deciding to walk away from their own $100,000 square foot Deansgate site. One thing led to another, all culminating in the decision to develop this new site. Work should commence in about 18 months, Allied London officials say.

The city council had originally wanted a hundred thousand square feet for desk space, to be located at Spinningfields. Under their original vision, this space would have been used for as many as 1,800 council staff members. However, following a major shift in the opinions of the council, Allied London decided to go in a different direction with Spinningfields, and opted for this avenue instead.

According to officials, the obvious success of new developments in the surrounding areas of Manchester have left their developers quite optimistic about their new project. Officials go on to point out that Spinningfield is involved with several new office projects. Click here for info on office planning and consultancy. For instance, at 3 Hardman Street, DWF and Price, Waterhouse, Coopers are expecting about 70,000 square feet of office space each.