Investec, owner of Manchester’s grade two-listed Kendal Milne building, has lodged an application to redevelop the Deansgate site into 564,000 sq ft of offices.
The property, which currently houses department store House of Fraser, would be converted and extended to provide 250,000 sq ft of offices, while 100,000 sq ft on the ground floor and basement levels would be retained for retail.
In addition, the adjoining Fraser Building, which includes the King Street West NCP multistorey car park, would be demolished and replaced with a 14-storey block comprising 310,000 sq ft of offices and 54,000 sq ft of retail and leisure space.
Johnannesburg-listed asset manager Investec also proposes the creation of a public space at Southgate, between King Street West and Parsonage Gardens.
The scheme, revealed in October, is designed by architect Sheppard Robson.
The Art Deco Kendal Milne was purpose built in 1939 as a department store. But with large-scale retail facing an uncertain future due to the rise of e-commerce and the ongoing pandemic, its owner views the office proposal as a more sustainable use, and one that would safeguard the building for the long term.
Subject to planning approval, construction work is expected to start at the beginning of 2022 and complete by early 2025, according to a planning statement by Investec’s consultant Deloitte Real Estate.
The project team also includes Stephen Levrant Heritage Architecture as heritage advisor; Cundall providing multidisciplinary engineering services; Layer as landscape architect; MHBC Cumming as development and project manager, and Fairhurst as structural engineer.
Last month, plans for another major department store conversion in Manchester city centre were approved. AM Alpha, owner of the Rylands Building on Market Street, home to Debenhams, intends to redevelop the 457,000 sq ft building into a mixed-use scheme featuring 300,000 sq ft of offices and 70,000 sq ft of retail and leisure space.