Noma Old Bank extension signed off
Plans to add a seven-storey extension to the rear of the grade two-listed Old Bank Building on Corporation Street, creating a 152,000 sq ft office scheme, have been approved by Manchester City Council.
Under the plans, the 47,300 sq ft extension will front Sadler’s Yard, an area of public realm, with the ground floor earmarked for commercial uses, including retail and co-working space.
The extension, designed by architect Sheppard Robson, will be built in the shadow of the former Redfern Annex, which was demolished in 2014, creating an active frontage to Sadler’s Yard.
Subsequently, the Pilcrow Pub, which currently occupies the space, will relocate elsewhere within the 20-acre Noma development.
The plans, put forward by Noma developer Federated Hermes, an entity of asset manager Hermes Investment Management, also include the refurbishment of the original building, built in 1928.
The ground floor units in the Old Bank, which has been vacant for a number of years, have also been earmarked for commercial uses.
The Old Bank Building and the neighbouring 14-storey New Century House are structurally connected at ground level and on the fifth floor, but will be separated under the proposals.
The project team includes planning consultant Deloitte Real Estate, project manager Workman, heritage consultant Stephen Levrant Heritage Architecture and building services engineer Crookes Walker Consulting, as well as Curtins.
Hermes Investment Management was originally delivering the Noma project in a joint venture with the Co-operative Group, through the pair’s JV regeneration developer called Noma.
However, Hermes acquired the Co-operative Group’s stake in Noma for an undisclosed sum in 2017.
MEPC, which was acquired by Federated Hermes earlier this year, is development manager for Noma after being appointed in 2018.
Colliers and JLL are office agents for Noma. Colliers and LSH are retail and leisure agents.
Manchester City Council is consulting on proposals to expand the office component of the mixed-use scheme north of the city centre to 1.6m sq ft from 1m sq ft currently.
So far, around 563,000 sq ft of office space is either build or in construction at Noma, including the refurbishment of the Dutch modernist-style Redfern building, Hanover House, where Amazon has opened its first UK headquarters outside of London, the Dantzic building, and the 1 and 2 Angel Square office building.