A detailed planning application has been submitted to Salford City Council for phase two of the Embankment development, a new 164,000 sq ft office pitched at large occupiers in Manchester city centre.
It will be the second of two office buildings to be built at the scheme, which is being undertaken by a joint venture between Ask Real Estate, Carillion and Tristan Capital Partners.
100 Embankment will offer eight floors of offices next to Manchester Cathedral and Manchester Victoria train station. The foundations for the building have already been completed as part of the phase one works which will enable it to be delivered within a reduced build programme.
Ask said the building would be designed to BREEAM ‘excellent’ specification and offer large column-free floorplates of 20,000 sq ft. Start on site, pending planning, is scheduled for Q1 2017 with completion due Q2 2018.
The first building, 101 Embankment, which delivers 165,000 sq ft of Grade A office space, a 442 space Q-Park car park with retail space at ground level, will complete in September this year.
John Hughes, managing director of Ask, said: “The Embankment scheme has attracted significant interest from occupiers looking to move into the heart of the city centre. With a well acknowledged lack of Grade A space in the city and the imminent completion of 101 Embankment, the time is right to bring our second building forward hence the submission now of a detailed planning application to Salford City Council. We have been committed to delivering the second Embankment building from the outset and made provision to include all of the ground works in the first phase of development to ensure we could achieve a swift delivery.”
Hughes said interest in the first phase, 101 Embankment, has been strong and terms are out to a number of high profile occupiers with large requirements of 50,000 sq ft upwards.
The letting agents are CBRE and Cushman & Wakefield. The architect is Flanagan Lawrence.