C&C extends Piccadilly East interests
Developer Capital&Centric has acquired Chapeltown Warehouse, adjacent to its Crusader Mill scheme, for a 20,000 sq ft workspace project.
The firm will move its own headquarters into part of the building, which was acquired from a private owner.
C&C intends to create workspaces over four floors of the 19th century mill, with the plan to turn the ground floor into a café bar and social hub for businesses and residents from the surrounding community.
A professional team is yet to be appointed for the project. No details have been released for development value or sale price.
Adam Higgins, co-founder at Capital&Centric, said: “We were early investors in the Piccadilly East neighbourhood as we knew it could be something special. Years later, it’s still growing in popularity and we’re plotting our next restoration. Chapeltown Warehouse is the missing piece of the puzzle in that block, a rundown former textile mill in need of a decent future.
“To be successful, it’s important that new parts of the city aren’t just full of apartments. We’ve already delivered the Jenga hotel and now we want to add the workplaces and ground floor coffee shop to ensure that Piccadilly East is vibrant and active during the day too.
“Whilst we’ll keep all of the historic features like the cast iron beams and exposed brickwork, of course we also want to give it the trademark Capital&Centric design edge too.”
The developer headed by Higgins and Tim Heatley has progressed several schemes in the area, including the owner-occupied Crusader Mill redevelopment – which is closing in on completion – and the new-build Phoenix block.
In May, the Jenga-inspired Leonardo Hotel opened for business, while consent is now in place for Ferrous, which will see an additional plot on Chapeltown Street turned into further homes, complete with ground-level shops, pocket parks and The Cabin, a space for community pop-up events.
C&C said that it expects the workspaces to welcome their first occupiers in 2023.
Work on Crusader Mill is almost complete. Credit; VIA fONT cOMMS
good on them after the issues they had with the other mill.
By Anonymous
Great news. As a very nearby resident the cafe/bar space will certainly be welcomed
By Steve
Putting head offices next to their unfinished and delayed building with many unhappy residents adds insult to injury.
By Anonymous
Love how this area is taking shape.
By Anonymous
Great to see C and C developing more of the area, maybe this means they will continue to work on the unfinished crusader mill right next door
By Anonymous
Great, when will crusader mill be finished?
By Pic East
Putting their HQ next to a building which still isn’t finished after 5 years. Adding more salt to the wounds of residents. Finish the building and we’ll stop commenting on your PR machine. That’s all residents ask. Finish it in with a good standard like you promised and then leave us all alone.
By Anonymous
Really disappointing to see their focus on acquiring yet another building while so many other plots remain unstarted or unfinished
By Anonymous
I note the photo comment “Work on Crusader Mill is almost complete”, surely they won’t be starting on this new building before they have finished Crusader Mill.
By Anonymous
Maybe that’s why they are moving their HQ there?
By Just a thought
Great that they are moving head office next door however when will they finish work on Crusader? There is significant snagging work to be completed internally and externally. Hopefully their head office isn’t finished to the same standard!
By Anonymous
Great that they’re announcing yet more new projects, but when are they going to finish Crusader? When are they even going to start the Littlewoods building in Liverpool that they’ve been sitting on for years? What about Rochdale town centre that they were big-upping on Manctopia. That’s gone very quiet.
By Anonymous