Eamar Developments, the Saudi Arabian investor that bought the distinctive office building for £4.5m last May, has lodged plans for an 18-storey residential tower elsewhere in the town, comprising 98 apartments.
The block would be built on a 22,000 sq ft car park between Piccadilly and Fletcher Street in the Greater Manchester town, close to St Peter’s Church and opposite the 11-storey Regal House apartment block.
Of the 98 apartments, 43 would have one bedroom, 40 would have two and eight would have three bedrooms.
There would be 7,500 sq ft of retail space on the ground floor and seven three-bedroom townhouses running along the Fletcher Street side of the site, as well as public realm improvements led by landscape architect Re-Form.
The scheme, designed by architect Stephenson Studio, is the latest Saudi Arabian investment in the town. The kingdom’s Majdiah Residence is bringing forward a £15m project to convert the grade two-listed Meadow Mill close to Portwood roundabout into 213 apartments, with work expected to complete next May.
Eamar bought the Pyramid building from the Cooperative Bank last year. The project team for the investor’s proposed residential tower includes heritage consultant Cotswold Archaeology, M&E consultant Dice Consulting and Acoustic Engineer BWB Consulting.
Croft is the transport consultant, Curtins carried out site investigation, and Delta-Simons consulted on air quality.
The energy consultant for the scheme is Couch Perry Wilkes, the tree surveyor is TPM Landscape and Arcaero is the wind engineer.