Schroders, working with architect Sheppard Robson, has submitted plans for an events space on the City Tower’s podium, overlooking Manchester’s Piccadilly Gardens.
Sheppard Robson’s design features a 2,650 sq ft space above the City Tower’s retail units at ground floor level, which will host co-working and events space, alongside an external terrace.
To accommodate the space, 21 car parking spaces will be removed from the tower’s existing facilities.
It will cantilever out over Parker Street by around 1.4 metres, while the building’s architectural design largely features pre-fabricated materials that can be assembled on-site.
The architect, which is based in the City Tower, has worked alongside planner CBRE on the project.
Schroders purchased the building, featuring 340,000 sq ft of offices, in 2014, and three years later announced a series of new lettings and re-gears with existing tenants.
These include the National Insititute for Health & Care Excellence, which has 46,350 sq ft; Hays, which has 18,000 sq ft; Compass; iHub; and LG Energy.
Rob Cosslett, investment manager at Schroders, said: “We are continually looking for ways in which we can enhance the offering at City Tower for both tenants within the building and prospective occupiers.
“Creating the additional amenity opens up a further part of the building, expanding floor space. It will enable us to offer distinct space and will also allow us to facilitate a wider events programme with extra creative initiatives for tenants to participate in.
“It is important that we are responding to the needs of tenants, the building operates a Cycle Hub which is actively used, we are also pushing forward a health and wellbeing programme which will incorporate further exercise classes so the additional shower facilities will hopefully be very beneficial.”
The professional team on the project also includes Sixteen; FHP; and Verte Sustainability.