Styles&Wood awarded trio of Manchester Projects worth £15.9 million
Integrated property services and project delivery specialist, Styles&Wood Group has been awarded a trio of new commercial property contracts in Manchester, totalling £15.9 million.
The wins include a £9.5 million refurbishment project at 67-75 Mosley Street, a £3.7 million office-to-residential conversion at St Ann’s Square, and a £2.7 million fit-out at the landmark One St Peter’s Square development, Styles&Wood’s third instruction in the 288,000 sq ft building.
At One St Peter’s Square, global real estate firm Deka Immobilien has instructed Styles&Wood to fit-out 75,000 sq ft over four floors of the building into an open plan suite. The work will complete in summer 2017 and marks the third project that Styles&Wood has been awarded at the development, having carried out high quality fit-outs for tenants DLA Piper and Addleshaw Goddard.
Working with DTZ Investors, Styles&Wood will carry out an office-to-residential conversion to create 21 high quality apartments in 12 St Ann’s Square, above the St Ann’s Arcade.
Boultbee Brooks Real Estate has appointed Styles&Wood to reconfigure two buildings on Manchester’s Mosley Street into a single 64,000 sq ft office building. The scheme, which is being project-managed by OBI property, will include an extension to create a new seventh floor and the construction of a new six-storey glazed link between the two buildings.
Tony Lenehan, chief executive of Styles&Wood Group, said: “Our project delivery business has continued to secure some impressive briefs in Manchester. The underlying strength of the city’s real estate market – demonstrated by the sheer diversity of work involved in these contracts – is providing us with valuable reference projects for our work across the UK.”
“Our track record of delivering quality workspaces for blue chip occupiers and investors, means we’re well placed to capitalise on growing demand for refurbishments. We also expect to see more commercial to residential conversions coming to market, as landlords with legacy stock recognise the potential for strong returns in the city centre residential sector, presenting a new source of work for the group.”