Sarah Townsend
Manchester City Council has approved a deal to buy the 32,000 sq ft office block on Liverpool Road from Allied London, a move to help redevelop the neighbouring Campfield Markets, part of the wider district masterplan.
Under the deal – the value of which was not disclosed – the city council will surrender and dispose of the long leaseholds of Castlefield House, Lower and Upper Campfield Market in Manchester to developer Allied, to consolidate the site’s ownership.
Allied proposes to refurbish and regenerate the buildings, providing new workspace for creative and technology businesses and an events venue, as part of its ongoing development of the St John’s district west of the city centre, including the 1m sq ft Enterprise City commercial quarter.