Arup scales up Piccadilly Place presence
The multidisciplinary practice has signed a 15-year lease on 36,000 sq ft, taking an additional floor at the Manchester office building.
Arup has been a tenant at Longmead Capital’s 3 Piccadilly Place since 2014, when the company signed a 10-year deal for 20,000 sq ft.
As that lease draws to an end, the firm has opted against relocating and decided to expand within the same building.
Mike Wilton, leader of Arup’s Manchester office, said the decision to stay was influenced by the work Longmead is undertaking to improve the building’s sustainability credentials.
“Arup has committed to achieving net zero emissions across its entire operations by 2030, and this was at the core of our decision to commit to 3 Piccadilly Place.
“We look forward to continuing our strong working relationship with Longmead and working towards our aligned ESG aspirations.”
Other occupiers at the 360,000 sq ft 3 and 4 Piccadilly Place include Barclays, Arcadis, NHS, Locktons, The Secretary of State for Levelling Up, Housing and Communities, and Scenic Tours.
Parts of Piccadilly Place have recently been refurbished following Longmead’s acquisition of the building from Ares in 2021.
The development holds a number of sustainability and wellbeing accreditations including BREEAM “Excellent”, WiredScore Platinum, and Certified 100% renewably sourced energy.
Andrew Ostroumoff, director at Longmead, said: “Arup’s long-term commitment to Piccadilly Place is positive news for the development and we anticipate welcoming other occupiers in the near future.”
CBRE director Mark Garner and Richard Lace at OBI are the letting agents for Piccadilly Place. Richard Wharton, director at JLL, represented Arup.