Bruntwood SciTech is planning to start on site in January with the next commercial building at Circle Square, bringing forward the £54m office early due to “exceptional levels of interest”.
The 220,000 sq ft, 12-storey block would be the third office at Circle Square, with the 150,000 sq ft No.1 and 210,000 sq ft No.2 currently under construction.
No.3 Circle Square has outline consent as part of the wider masterplan, but was due to be delivered in a later phase. Bruntwood SciTech, the 50:50 joint venture between Bruntwood and Legal & General, will be submitting a detailed planning application in September.
The architect is Feilden Clegg Bradley, who also designed No.1 and No.2.
Hewlett Packard is taking 20,000 sq ft in No.1 Circle Square, while Mills & Reeve is taking 12,000 sq ft. Jaguar Land Rover has been rumoured to be looking at space, while Circle Square is also understood to be one of the sites under consideration by telecoms giant BT for its 200,000 sq ft requirement.
Bruntwood SciTech said it had “accelerated plans for its next commercial building to cater for the anticipated continued growth of Manchester’s digital technology and engineering sector”, citing research by Tech Nation which shows that tech deals are growing at a quicker rate in Manchester than anywhere else in Europe.
When complete, Circle Square, being delivered alongside Vita Group, will include 1,700 homes, 1.2 million sq ft of workspace and over 100,000 sq ft of retail and leisure set around a park.
Tom Renn, managing director of Bruntwood SciTech, said: “With No.1 and No.2 Circle Square opening in summer 2020, we are delighted to be in a position where the level of interest and excitement around what we are creating at Circle Square has led to us accelerating the development of No.3 Circle Square.
“Circle Square will be an extraordinary place, full of life and activity. A place where incredible companies, working in some of the most interesting and disruptive digital technology sectors, like Cyber, FinTech, IOT and big data, will work alongside each other and where residents and visitors to Manchester, will come to experience the best of our cities cultural offer, through independent retailers and the programme of festivals and events that we plan to host in Manchester’s newest city park.”