Albert Bridge, Manchester, P.Place North West
The building could be demolished and the site redeveloped. Credit: Place North West

Manchester’s Albert Bridge House sold for around £30m

Dan Whelan and Neil Tague

Investor and regeneration specialist Oval Real Estate has acquired the 18-storey office block from Mapeley. 

The 157,000 sq ft Albert Bridge House is located close to Spinningfields and falls within the St Mary’s Parsonage strategic regeneration framework.

The framework states the building could be demolished to make way for a “large-floorplated” office or hotel. 

However, new owner Oval is ruling nothing out when it comes to the redevelopment of the Bridge Street site, which it acquired for between £25m and £30m.

“All options are on the table in terms of design, future use, existing use and the [existing] building,” James Craig, co-founder of Oval, told Place North West. 

“We are delighted to be back in Manchester and we are looking forward to working with the council to develop something fantastic that Manchester can be proud of.” 

Elsewhere, Oval is delivering a 46-acre masterplan in Digbeth. The scheme features 2.2m sq ft of commercial space and 1,850 homes.

Albert Bridge House is occupied by the Manchester Centre for Health & Disability Assessments and HMRC. 

The tenant is due to relocate from the 1950s block by 2022 to nearby Three New Bailey, which is to become a hub for public sector staff 

Jonathan Mills of Metis Real Estate acted for Mapeley and Will Kennon of CBRE acted for Oval. 

 

Your Comments

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Knock it down.

By Cal

Please don’t do another Renaissance Hotel and stick some new windows in and a tacky mural on the side! The riverside should be opened up and definitely a new development.

By Steve

Firstly,demolish it.Look forward to seeing designs.

By Robert Fuller

Shame if it goes…the only Manchester building to appear in a James Bond film…

By St. Domingo

It’s not beside a notable river or waterway like say the Chicago river, Thames or Mersey for example. It’s environs are not historic. A good clean or re-clad would be sufficient, I think.

By Liverpool romance

This building has real architectural merit and should be retained and refurbished, it would be a shame if this was demolished.

By Anonymous

Crying shame if this is demolished it’s a really good piece of period architecture.

By Monty

is this going to be another fantastic redevelopment where they cover it with some tacky murals and add some wooden panels to make it look only slightly less tired? I hope not…

By Michael

Retain for office space…jobs required to support growth.

By Manc

Though I would welcome a new gateway building in this location, the current building doesn’t need demolishing. The river can easily be opened up without demolition.

The current building probably lends itself easily to conversion to residential, though I think office use would be better for the City.

By ALL

I’m all for the de-uglification of Manchester, and there are numerous 20th century buildings I’d like to see gone, but this is far from the worst of them. It needs a clean-up and it needs some creative work on the space around it, but it could be an asset without major redevelopment.

By John

I agree with John. This is not bad. They need to soften it at ground level with some greenery. They could open up the riverside and keep this.

By Elephant