OBI appointee to oversee Manchester office project
Manchester based commercial real estate firm OBI Property has been appointed to oversee the refurbishment of a major office building in Manchester City centre.
Boultbee Brooks Real Estate (BBRE) intends to completely remodel the property, 30 Brown Street, to include new open services, a new façade and an additional floor.
In total, the work will increase the net internal area to 48,000 sq ft.
Once complete, the building will comprise retail and leisure units on the ground floor, with offices on the floors above. A planning application will be submitted within weeks.
BBRE is a privately owned property company with a development and investment portfolio valued at approximately £350 million.
Andrew Cowell of OBI Property said: “BBRE is a significant and successful owner and developer of some of the most exciting and innovative workspaces in London’s City fringe and other key markets.
“It is testament to the dynamism of Manchester’s office market that the firm is looking to make major investments in the city.
“We are really excited to be delivering a stunning Grade A specification in a sophisticated, design-led fashion.”
BBRE, a major landlord in the Shoreditch and Clerkenwell areas of London where many tenants are fast growing digital and creative firms, also recently purchased Croxley House in Manchester.
Dominic Horridge, director, OBI Property said: “We are delighted BBRE have appointed OBI to project manage the remodelling of the building.
“It has a huge amount of potential and we are looking forward to creating another exciting workspace in the city.”
OBI Property has assembled the project team which includes PRP Architects, Tier Consult Structural Engineers and REDS as M&E consultants.
Roger James, Development Director at BBBRE said: “We have been seeking development opportunities in Manchester for some time.
30 Brown Street provides the perfect opportunity for BBRE and OBI to deliver some of the city’s most impressive and innovative work space.“
This was posted in Bdaily's Members' News section by Simon Malia .