Offices for Coronation Street site?
A planning consultancy has suggested that the current Coronation Street studios in Manchester could be sold for redevelopment after ITV relocate to MediaCity.
The suggestion follows the announcement that ITV are to relocate the famous Coronation Street studios from the existing Quay Street site to the huge Peel Media owned MediaCity scheme at Salford Quays.
It is estimated that the current studios and offices owned by ITV will be left vacant by 2013 and a subsequent sale of the site could raise up to £60m.
Manchester based consultancy HOW Planning believes the Quay Street site is suitable for a redevelopment approaching 1 million sq ft. Senior Partner at HOW, Gary Halman suggests that the large site could support a mixed-use development of residential accommodation and speculative office space. He says: “those parts of the site that front Quay Street will be close to the high-density office developments of the city centre, which might make them more appropriate for new office buildings. Quay Street is more connected to the city’s new office core at Spinningfields”.
ITV was granted planning permission in 2007 to convert the Bonded Warehouse building (pictured) into offices and had planned to use the substantial premises as office accommodation for more than 800 staff. A proposed £18m conversion of the building would have created 330,000 sq ft of both office and studio floor space. At the time the BBC also considered a move to the building, though the organisation is now also relocating several production teams to MediaCity.
The regional ITV centre is relocating to the Orange building within MediaCity in a move that is being project managed by Mace Group. Mace are responsible for the offices fit-out within the building that are to be used by production, management and administrative staff. The relocation is expected to be completed by the end of 2012.
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