Today OBI announced it has received Planning and Listed building consent from Manchester City Council for Boultbee Brooks Real Estate (BBRE) to transform the Grade II Listed 77-79 Mosley Street and 14-16 Princess Street, known collectively as 79 Mosley Street, into 26,890 sq ft of new office space and ground floor and basement retail and leisure space. OBI, BBRE and Zerum have been working together for three years to secure the future of the building.
OBI will project manage the delivery of the scheme with architect PRP, structural engineer Tier Consult and M&E consultant, REDS and planning consultants Zerum on behalf of building owners UK based real estate investor BBRE.
The scheme will see the facades onto Mosley Street, Princess Street and Back George Street retained and fully restored, while the internal floors will be completely rebuilt from the basement up to a new zinc clad mansard roof extension.
Dominic Horridge, building consultancy, OBI said: “Gaining planning permission to transform 79 Mosley Street is a very significant step. The building has been vacant for many years, with several proposed projects failing at the first hurdle. Now working with BBRE, PRP and Zerum we’ve developed a robust scheme which has secured the future of the building and we look forward to delivering it.”
The completed 79 Mosley Street will comprise 19,021 sq ft of new office space over four floors; a 5049 sq ft retail and leisure opportunity on the ground floor and part basement; a 2820 sq ft retail/leisure unit in the basement with bike storage including showers and lockers. The building will accommodate approx. 220 people in offices and potentially create up 81 jobs in the retail/leisure units.
Roger James, development director at BBRE said: “79 Mosley Street will provide flexible floor space required for modern occupiers while retaining the external aesthetics of the original building. We can’t wait to bring this long vacant but very significant building back to life and to complete the jigsaw of the transformation of St Peter’s Square.”
79 Mosley Street was built circa 1870 as a speculative office, warehouse and retail building. It has been vacant for nine years and previous owners have failed to bring any schemes to fruition.
BBRE is a privately owned property company with a development and investment portfolio valued at approximately £350 million. The company, which is a major landlord in the Shoreditch and Clerkenwell
areas of London where many of its tenants are fast growing digital and creative firms, also owns 75 Mosley Street and 30 Brown Street in Manchester.
OBI is an established real estate consultancy which provides innovative solutions to its occupier and landlord clients which include AO.com, NCC Group, Booking.com, Allied London, Bruntwood, LJ Real Estate, British Airways and CBRE Global Investors.
The award winning team at OBI provides advice to its clients across its multi-discipline services which include interior design, project management, dilapidations, ratings, leasing and investment consultancy.