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MANCHESTER-based property firm Bruntwood has landed the £60m redevelopment of Manchester Business School on Oxford Road.
The project will create a new hotel, conference venue, and executive education centre at the site, owned by the University of Manchester.
"It’s our aim that the new Manchester Business School will become a landmark gateway at the heart of the city’s knowledge-led economy."
The project will be delivered in several phases, with construction scheduled to begin next year. The new scheme will provide Manchester Business School with new facilities to service its growing student population.
The first phase will see the development of a new four-star hotel and conference centre. The hotel will provide a base for overseas visitors to the business school, as well as adding more hotel space to the Manchester market.
The second and third phases will provide new teaching and administrative homes for the school’s MBA programme and the Executive Education offering. The final phase will include a resources and learning centre.
Professor Michael Luger, dean of Manchester Business School, said: “We are delighted to be working with Bruntwood on what will be a flagship investment for Manchester.
"It’s our aim that the new Manchester Business School will become a landmark gateway to Corridor Manchester, at the heart of the city’s knowledge-led economy. Our ethos is about applying original thinking to make positive change and the new building, funded in part through pledges in excess of £2m from alumni of the school and local philanthropists, echoes this philosophy – both in its design and function.
“As we move towards our goal of becoming a truly world-class business school the hotel and conference centre will provide an excellent base from which to explore Manchester and it will play a key role in attracting inward development to the city.”
Colin Sinclair, Director of Special Projects at Bruntwood added: "Bruntwood is delighted to have been chosen to redevelop Manchester Business School and is looking forward to working with the University of Manchester and MBS to deliver a world class facility at the very heart of The Corridor".
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Is the big red carbuncle staying??? :(
Good news. Existing building is not particularly attractive!
I may be wrong but I think this development will replace most of the existing Precinct Centre, built as part a 60s vision that didn't really come off (was it also related to the post-war Manchester plan?) Shame really but it's obviously been struggling for at least 20 years and has almost fallen into disuse above ground level - and pretty it ain't.