Hunter commences £10 million Salford development

Hunter Real Estate Investment Managers has started its £10 million transformation of the Exchange Quay office complex in Salford Quays.

Hunter submitted a planning application to Salford City Council in April this year.

Planning consent has been granted for the works and ISG is now on-site undertaking the first phase of Hunter’s plans for Exchange Quay which involves the upgrading of the six office buildings to Grade A specification.

ISG has started transforming the 116,000 sq ft, Number 8 which is the first of the office buildings to be upgraded.

A range of occupier facilities will be developed including; a restaurant, gymnasium, convenience store with Post Office, a management suite and a completely redeveloped amenity ‘hub’. The full works are set to complete in spring 2015.

Iain Leheny, fund manager at Hunter, said; “It is fantastic news that our proposals for Exchange Quay have been given the green light and now our plans will start to be brought to life.

“We are excited about being able to demonstrate to the market the high quality of accommodation and brand new environment we are creating and we are looking forward to showcasing the offices.”

Justin Myall, Director of AA Projects and project manager for Exchange Quay, commented; “The entire project team has been working hard to master-plan and create a timeline for the works to ensure that these progress smoothly with maximum consideration to the existing occupiers at Exchange Quay.

“The work that has now commenced on the offices is just the beginning of this significant redevelopment programme and by the end of the summer, we will be gearing up to create the lifestyle elements that will bring the whole vision together.”

High profile occupiers such as Winning Pitch, Kin-Tec Electronics and Sage UK are in occupation at Exchange Quay and it was recently announced that Aegon UK has committed to the development for a further 10 years with a 4,140 sq ft office suite in Number 8.