Town Centre Securities - Retail Development - Manchester, Planning Approved For Retail Village At Piccadilly Basin
Date: 21 Sep 2007
Planning approval has been granted for the Retail Village at Piccadilly Basin following the approval of two planning applications submitted by the scheme developers, Town Centre Securities PLC.
The approved planning for the next phase of the £250M Town Centre Securities Piccadilly Basin regeneration scheme incorporated two applications, the first for 58 apartments with a 12,165sq ft waterside restaurant and the second, a larger mixed use application for 40,300sq ft of retail space, 4,166sq ft of offices and an additional 159 apartments.
Richard Lewis, Development Director of Town Centre Securities, says; "This latest vote of confidence in Piccadilly Basin brings us one step closer to achieving our vision of a sustainable, true mixed use regeneration scheme. The retail units and additional apartments will superbly complement the existing offering and, along with the refurbishment of Brownsfield Mill, further enhance the blend of historic and new buildings already within the scheme.
"We have taken great care to extend our commitment to sustainability and the green agenda to this new phase and are working in line with the eco-homes criteria in order to achieve, at the very least, an EcoHomes rating of Very Good. All elements of this varied and exciting scheme are progressing well and with the planning now approved for the next phase, Piccadilly Basin is realising its potential."
This latest phase follows on from Phase 1 of the offices, which is well underway with refurbishment of the historic listed Carvers Warehouse which will create 6 floors of high quality office space, retaining many original features, around a glazed contemporary extension. The refurbishment is due for completion during 2007 and the framework is rapidly rising on the 31,450sq ft headquarters building for BDP Architects. The BDP building will be the first naturally ventilated commercial building in Manchester to receive a BREEAM rating of excellent, showing the clear dedication to environmental sustainability being practised. Detailed consent has also been granted for Phase 2 of the offices, the 87,583sq ft Eider House again designed by Ian Simpson Architects.
In addition to the offices, there are 140 luxury apartments within the two stylish residential buildings, Vantage Quay and Jacksons Warehouse, which overlook the canal. Completing the mix of metropolitan living offered round the clock at Piccadilly Basin, is the highly acclaimed Moon Bar & Restaurant, The Cotton House and Kro restaurant and bar and the flagship ILVA furniture store.
Office agents on the scheme are Lambert Smith Hampton and Cushman & Wakefield, with Knight Frank representing the new residential element.
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