SWIP to carry out Barbirolli Square refurb
Scottish Widows Investment Partnership (SWIP) has unveiled plans for a significant investment into its 101 Barbirolli Square Manchester City Centre office building to upgrade and reposition it in the marketplace.
101 Barbirolli Square was acquired by SWIP in 2011 and the six storey, 83,700 sq ft building is let to financial advisor PwC and law firm DLA Piper until 2017.
SWIP has appointed CBRE to project manage the refurbishment and a joint venture team of Fletcher Rae and SpaceInvader as Architect.
The project, which represents a significant capital investment from SWIP, will involve a new entrance and reception with concierge, breakout and meeting space.
The common areas, lifts and amenity cores will be fully refurbished to create open two storey space with a galleried first floors and new glazing to create an open and transparent entrance.
SWIP are in the process of developing the scheme with a view to submitting a planning application later this year.
Stephen Barnes, director of Building Consultancy at CBRE, commented; “This is an exciting opportunity to enhance and reposition an iconic office building in a fantastic setting near the recently revamped St Peter’s Square. “The new space will ensure the long-term success of the building and is a vote of confidence in the regional office market from the building’s owner.”
Elaine McCann, investment manager at SWIP, said: “This investment demonstrates our commitment to 101 Barbirolli Square and to our valued occupiers. “The building occupies a strategic location within Manchester and by revitalising the internal space and creating a stylish working environment, we can create a quality product to meet the needs of modern occupiers.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East