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The Ancoats area of Manchester is set to boost the Manchester office space property market following approval for a new multi-million pound redevelopment.

The plans, submitted by developer Royal London Asset Management (RLAM), propose a total of two building but the second phase has yet to be approved. The first building will consist of a five-story office block offering 3,700 square metres of prime office space alongside a 150 room hotel and will form part of the Ashton Canal Corridor, a significant regeneration area.

An RLAM spokesman said: “Now that our plans have been approved, we will be pushing ahead with the site clearance and redevelopment work with a view to completing the build in the third quarter of 2011.

Both the buildings will have a modern design and take their inspiration from the industrial heritage of the area, drawing on the mills and cotton warehouses that previously dominated the Manchester skyline.

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Published by Simon on Thursday, 21 January 2010 at 11:15 AM