Plans have been revealed to transform New Century House, a Grade II listed building in Manchester, into an upscale hotel.
New Century House, a 14-storey landmark building of 1960s classic Modernist design, was built for the Co-operative Insurance Society and was latterly the headquarters of The Co-operative Group.
Its conversion will provide up to 196 bedrooms with proposals for a roof terrace restaurant and bar offering views across the city. Conference and leisure facilities would be created in the basement.
The asset is located in the Manchester district dubbed NOMA, which is already home to a host of major businesses including Amazon, The Co-operative Group, ath-leisure brand Adanola, Material Source, Arcadis IBI Group. Global financial services group BNY (Bank of New York Mellon) recently announced that it is relocating its 2,000-strong Manchester team to 4 Angel Square.
The new hotel will further complement the existing neighbourhood next door to New Century Hall, the refurbished music venue, eclectic food hall and the DBS Institute.
MEPC, the development and asset manager for the NOMA estate, is working with hotel & leisure specialist practice Jenics to secure a hotel partner, ahead of a formal planning proposal being submitted to Manchester City Council in the coming months.
Dan Hyde, Development Director at MEPC said: 'New Century House is a Manchester landmark and we believe now is the right time to bring it back to life as a hotel. It's a natural next step for our growing neighbourhood with the building located either side of BNY at 4 Angel Square and the destination venue of New Century Hall.'
Jeremy Collins of Jenics added: 'Manchester has huge international visitor pull thanks to its global connectivity, world-leading universities and sporting and cultural assets. New Century House is a rare and outstanding opportunity and will be a tremendous addition to Manchester's visitor economy offer, both from a business and leisure perspective.
'NOMA has adopted a flexible approach to secure a ‘best fit’ occupier by way of either a virtual freehold sale or lease disposal. This approach will drive positive interest from a range of operators.'