NOMA submits Plans for Two New Angel Square Office Schemes

NOMA — the joint venture between The Co-operative Group and Hermes Investment Management — has submitted plans for two office buildings in Manchester. The developments will be at Two and Three Angel Square.

The proposed schemes will collectively provide more than 350,000 sq ft of premium office space, over nine and 11 storeys, and sit next to the award-winning One Angel Square, named one of the world’s most sustainable buildings.

All three Angel Square towers will be designed by AHR architects. They are located at the heart of one of Europe’s largest heritage-based regeneration schemes and overlook several restored and upgraded listed properties.

As the latest addition to NOMA’s 20-acre business neighbourhood, both new buildings will feature spacious atriums and will have the flexibility to be personalised to fit the needs of major occupiers.

“This new build element of NOMA offers a contrast to the post-industrial splendour of our listed buildings,” commented David Pringle, director of NOMA at The Co-operative Group.

“We want the whole neighbourhood to be totally cohesive in design terms and Two and Three Angel Square will broaden our offer for those businesses who want a more traditional modern office than some of the quirkier reconfigurations we have planned.”

The partnership believes the city’s office market is looking increasingly attractive as London rents soar and unaffordable housing costs in the capital make it harder to recruit and retain staff.

NOMA’s future occupants will also benefit from the £44m revamp of Victoria Station, adjacent to its site, the Metrolink second city crossing, as well as the proposed Ordsall Chord rail link between Victoria and Piccadilly stations.

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“We are seeing steady growth in Manchester’s commercial appeal,” added Ben Tolhurst, asset manager at Hermes Investment Management. “Should these two developments achieve planning permission, it will be an important stage in transforming the city and creating a commercial destination for global businesses.”

NOMA’s application will be considered by Manchester city planners later this year. If approved both schemes are expected to be completed by the end of 2018.

Mike Hawkins is a director at Colliers International, the commercial agent appointed for all three Angel Square developments. “Manchester’s appeal to the business innovators of tomorrow is only set to grow on account of improving transport links, affordably priced housing and a supply of highly skilled workers,” he said.

“By offering appealing and inspiring office space at prices which are a fraction of London’s, we believe NOMA will be a compelling choice for smarter businesses.”

Property & Development Magazine