The developer intends to submit an application for the conversion of the 80,000 sq ft mill which it acquired last year, to Manchester City Council later this month.
Capital & Centric bought Talbot Mill, one of the largest historic mills of its kind in Manchester, last October from Equinox Properties.
Ollier Smurthwaite is the architect for the project. The plans include the delivery of 208 apartments, within the mill complex and across a new-build block of between seven and nine-storeys.
The Ellesmere Street mill sits around three sides of a courtyard, with the construction of the extension set to take place on the fourth side.
As part of the redevelopment, Capital & Centric is planning to use the internal courtyard as a green space, installing a garden for use by residents. Exterior Architecture is the landscape architect.
The garden would incorporate a small building known as the Timekeeper’s Cottage, for use as amenity space.
Subject to planning permission, a start on site is planned for spring 2018. The flats are set to be up for sale.
Capital & Centric is building an extensive pipeline of listed mill projects in Manchester. Talbot is one of five former mills that the developer owns in Manchester, including the grade two-listed Crusader Works, the London Warehouse hotel, and the planned redevelopment of the grade two-listed Minto & Turner and Minshull buildings as part of the £200m Kampus project on Aytoun Street.
Adam Higgins, co-founder of Capital & Centric, said: “Talbot is our fifth mill conversion in Manchester and once again will be based around a fantastic lush green central garden area with links through to the adjacent canal. We’re creating 208 places for people to want to live rather than have to live for convenience or necessity and providing proper garden areas is so important for all our city centre schemes.”
Deloitte is the planner, Roger Hannah is the managing agent.