Styles&Wood Group has been awarded a trio of new commercial property contracts in Manchester, totalling £15.9M.
Integrated property services and project delivery specialist Styles&Wood Group, have won a trio of Manchester projects, with a total value of £15.9M.
The new commercial property project include a £9.5M refurbishment project at 67-75 Mosley Street, a £3.7M office-to-residential conversion at St Ann’s Square, and a £2.7M fit-out at the landmark One St Peter’s Square development, Styles&Wood’s third instruction in the 288,000 sq ft building.
Real estate firm Deka Immobilien has directed Styles&Wood to fit-out 75,000 sq ft over four floors of the building into an open plan suite. The work will be complete by summer 2017.
Working with DTZ Investors, Styles&Wood will carry out an office-to-residential conversion to create 21 high quality apartments in 12 St Ann’s Square, above the St Ann’s Arcade.
Boultbee Brooks Real Estate has appointed Styles&Wood to reconfigure two buildings on Manchester’s Mosley Street into a single 64,000 sq ft office building. It will include an extension to create a new seventh floor and the construction of a new six-storey glazed link between the two buildings.
Tony Lenehan, chief executive of Styles&Wood Group, said: “Our project delivery business has continued to secure some impressive briefs in Manchester. The underlying strength of the city’s real estate market – demonstrated by the sheer diversity of work involved in these contracts – is providing us with valuable reference projects for our work across the UK.
“Our track record of delivering quality workspaces for blue chip occupiers and investors, means we’re well placed to capitalise on growing demand for refurbishments. We also expect to see more commercial to residential conversions coming to market, as landlords with legacy stock recognise the potential for strong returns in the city centre residential sector, presenting a new source of work for the group.”
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