The communications giant has narrowed its search for a 100,000 sq ft base in Liverpool to two sites, from a list of four which had previously included Peel L&P’s Liverpool Waters and the Echo Building.
BT’s shortlist, revealed by Place North West earlier this year, put Kier Property and CTP’s Pall Mall and Sciontec’s Knowledge Quarter alongside Peel’s Princes Dock for its requirement, part of a UK-wide consolidation of its existing offices.
However, BT is understood to have also considered ‘curveball’ choice, Liverpool Echo’s former base, looking at the former print shed which sits alongside the tower, although planning permission would be required for office use. Sony Interactive has taken 65,000 sq ft in the building, which was bought by Dubai investor Select Group from reach last year.
BT is also understood to be looking at No5 Paddington Village, which was announced at this year’s MIPIM property conference in Cannes.
Developer Sciontec, the joint venture between KQ Liverpool and Bruntwood, revealed at MIPIM UK it would be amending proposals for the 160,000 sq ft office to allow for larger floorplates of up to 17,000 sq ft “in response to occupier interest”.
Liverpool Waters’ failure to make the final list will come as a surprise to some, with BT leaning towards the supposedly life science-focused Knowledge Quarter over a more typically corporate location.
Peel has outline permission for up to 3.4m sq ft of commercial space. A reserved matters planning application was put in this summer for a six-storey office block featuring floorplates of between 8,700 sq ft to 10,700 sq ft.
BT’s relocation will see it move out of its existing office at Lancaster House on Old Hall Street.
JLL is advising BT.