Kames Capital has appointed building consultancy Powell Williams to carry out the latest phase of refurbishment of the office building in central Manchester.
The five-storey, 28,400 sq ft office block will undergo refurbishment of two vacant floors of office space, common areas as well as replacement of the building's central air conditioning chillers and building management system. The estimated cost is £1.5m and work will start in August with completion in December 2012.
Powell Williams has been involved with the building for a number of years. John Benham of Kames Capital said: "201 Deansgate is an important asset in our portfolio with a proven track record in attracting and retaining high quality tenants. The investment will help to maintain its established reputation in the market place as a prime, Grade A office building offering fantastic floor plates."
Martin Hunt, partner at Powell Williams' Chester office, said: "This is a great commercial property located between the established central business district and Spinningfields offering great floor plates in a central location. Following the corporate failure of a previous tenant from two floors we have the opportunity to undertake significant refurbishment works and create a space which can make its mark in the competitive Manchester marketplace."