An elegant, luxe workspace for Capital Sprints
The DSGN Studio has developed two schemes in one for the investment and advisory company, using artwork and sculptural elements to create a minimal, quietly confident space.
The £35.5m project is expected to be complete in early 2022, with work commencing this summer subject to coronavirus restrictions.
CAPITAL&CENTRIC has completed a funding agreement with the Greater Manchester Pension Fund (GMPF) to finance the construction of its 275 bedroom city centre hotel, confirming Bowmer & Kirkland as the main contractor. The work will commence this summer subject to coronavirus restrictions. The £35.5m project is expected to be complete in early 2022.
The 110,000 sq ft hotel will span 14 floors, and has been designed by architects Stephenson Studio. Planters will feature on the side of the Jenga-inspired hotel, and has been praised for its ambitious design – winning the President’s Award at the Manchester Society of Architects Awards. The hotel will feature a ground floor restaurant, bar and external terrace area, which will spill out to a new public area which C&C will build for the City Council as part of the development.
The hotel is located in Manchester’s emerging Piccadilly East district, recently identified as the one of the next greatest places to live in The Times, and will operate under Fattal’s Leonardo Hotel brand.
Tim Heatley co-founder of CAPITAL&CENTRIC said: ‘In these difficult times it’s even more important to be pushing ahead with our Adair Street hotel. It’s going to be a striking new addition to Manchester’s skyline and an anchor development in the Piccadilly East neighbourhood.
‘With residents due to move into our Crusader and Phoenix developments later this year and plans for other homes in the area this is going to be a thriving new part of the city. We’re also creating a new public square flanked by a cafe bar, providing some much needed outside space that anyone can enjoy.
‘Everyone’s been hit by the shock of Coronavirus, and we’ve recently set up our building opposite the Mackie Mayor as an emergency supplies depot. Manchester will bounce back and these deals are a positive reminder of how resilient our city region is.’
CAPITAL&CENTRIC and Kamani Property have opened a COVID-19 emergency supplies depot in Manchester’s New Cross, opening the door to businesses who can help Greater Manchester’s most vulnerable and disadvantaged people.
Gareth Conroy of Avison Young, property fund managers to the Greater Manchester Pension Fund said: ‘Times are tough but it’s important that we look to the future and plan for when the crisis is over. This hotel is an ambitious, high-quality project which sets the bar high for development in the City.’
The hotel will be acquired and occupied by the Fattal Group following completion.
Inspiration for your next read
Designed by architecture firm OMA, Morden Wharf is a new mixed-use neighbourhood on Greenwich Peninsula, London
Perkins and Will has announced the appointment of Neil Andrew as Director of Hospitality – further expanding the practice’s hospitality portfolio.
Recently many of us have been faced with working remotely for the ﬁrst time, accompanied by a learning curve with both social and technological challenges. Here are 8 tips for a successful virtual meeting.