Deloitte's 63,000 sq ft deal at 100 Embankment was the largest of Q4. Credit: Place North West

Salford proposes 100 Embankment for GBR HQ

The city council has put forward the £40m office building as a contender to house the newly formed Great British Railways.

Salford forward funded the construction of the 166,000 sq ft 100 Embankment, which was developed by Ask and Tristan Capital Partners a short walk from Manchester Victoria station.

Although it initially struggled to attract tenants, with the building remaining unoccupied since its August 2020 completion, a management agreement was this month struck with flexible workspace operator X+Why for 28,600 sq ft.

In addition, a council property & regeneration briefing session next week will be asked to rubber-stamp a deal for 19,663 sq ft, clearing Salford’s director of place to negotiate terms.

The announcement follows confirmation in March that Greater Manchester as a broad entity was one of the 42 locations that had submitted a bid.

Barrow, Carlisle, Carnforth, Crewe, Liverpool City Region and Preston are also bidding, while Bolton and Rochdale have broken from the Greater Manchester pack with their own bids.

GBR is, in effect, a replacement for Network Rail as operator of the nation’s rail infrastructure and will also take over the DfT’s responsibilities surrounding contracting train operations and timetabling.

The government has committed to setting up its headquarters outside of London in line with the levelling up agenda, with the decision to be made this summer from a shortlist to be named in May.

The volume of space signed for is not likely to be significant, with advice for bidders underlining that publicly-owned buildings will be favoured for a facility that is expected to house functions, meetings and provide a base for a modest amount of staff.

Salford City Mayor Paul Dennett said: “Salford would be the perfect destination for the headquarters of Great British Railways.

“Not only are we vastly connected to this country’s railway history through figures such as George Bradshaw and the father of railways, George Stephenson, but we are a city that has always been at the forefront of travel.

“From the first horse-drawn carriages to the first steamboats, our history as Salfordians is rooted in advancing the way we get around.”

Bidding locations will be judged on six criteria: alignment with the levelling up agenda, value for money, railway heritage, opportunities for GBR, connectivity and public support.

Related Articles

Sign up to receive the Place Daily Briefing

Join more than 13,000+ property professionals and receive your free daily round-up of built environment news direct to your inbox

Subscribe

Join more than 13,000+ property professionals and sign up to receive your free daily round-up of built environment news direct to your inbox.

By subscribing, you are agreeing to our Terms & Conditions and Privacy Policy.