Bluefig Investments (UK) has secured planning permission to redevelop and expand Manchester city centre's 55 Mosley Street.
The approved proposals for the £6m scheme will see two floors added to the office building, meaning that it will provide 13,000 sq ft of grade A office accommodation. A comprehensive refurbishment of the existing interior will also be carried out.
Bluefig acquired the building in December 2017 and employed HawkinsBrown to design the project, with the contract about to go out to tender.
Faris Mousa, managing director of Bluefig Investments, said: "This strategically located prime office building not only benefits from the extensive investment that has been ploughed in to St Peter's Square over the last few years but as it is situated close to one of the key gateway entrances to the city and with the new tram stop on its doorstep, it seems obvious that this building is overdue a revamp.
"The Manchester office market remains one of the most stable and buoyant sectors in the country and while many developers are continuing to hedge their bets on speculative developments pre-Brexit, I am confident that 55 Mosley Street will appeal to a number of occupiers currently looking for exceptional new office space in the city."
Tom Dobson of HawkinsBrown added: "The redevelopment of 55 Mosley Street has presented an exciting opportunity to regenerate a prominent city centre building to provide new contemporary workspace. The distinction between the original fabric and new interventions has been designed to create a clear legibility and definition that celebrates a new period in the building's history and encourage tenants to adopt new ways of working, while recognising its former use as an industrial warehouse."
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