The Co-operative Group and Hermes Real Estate have kicked off the second phase of development at the 20-acre NOMA site in Manchester with the launch of Hanover, a 120,000 sq ft mixed-use speculative refurbishment.
Hanover is a former commercial warehouse on the corner of Corporation Street, which was built in 1909 by the Co-operative Wholesale Society.
See below for gallery
The joint venture between the Co-op and Hermes are currently on site with the refurbishment, which will provide 90,000 sq ft of offices in floors up to 18,000 sq ft, and 30,000 sq ft of retail and leisure to market.
The project is due to complete in autumn 2016.
Quoting rent is £25/sq ft.
Colliers and JLL are office agents for Hanover, while Lambert Smith Hampton is the retail and leisure agent.
Hanover is the first part of the second phase of the NOMA development near to Manchester Victoria Railway Station. The £800m scheme will be delivered over 10-25 years.
Other period buildings being brought forward for refurbishment are Federation House and Dantzic, and New Century House.
Hanover sits next to a new public realm, which is around the size of Manchester’s St Ann’s Square and is bounded by the CIS Tower and New Century House.
Work on the unnamed square, which was designed by Planit-IE and is being built by Casey Group, is due to complete in September.
NOMA is due to launch a campaign later this month engaging members of the public to find a name for the space.
Next to 1 Angel Square, plans are due to be submitted later this month for the 150,000 sq ft 2 Angel Square office, and the 250,000 sq ft 3 Angel Square, both designed by AHR Architects.
Next to the blocks, Moda Living’s Angel Gardens 400-apartment scheme is due to start on site in November.
Click any image to launch gallery