Channel 4 is expanding its presence with a new office in Manchester, taking a significant step in the city’s commercial landscape.
- Channel 4 has signed a lease for 12,293 sq ft of office space at No. 1 St Michael’s, Manchester.
- The development is part of Gary Neville’s £400m project, marking a substantial investment in the city centre.
- Channel 4 and legal firm Pinsent Masons will share the eighth floor of the new development.
- This expansion underscores Channel 4’s commitment to growing its regional operations across the United Kingdom.
Channel 4 is set to establish a new office location within Manchester’s bustling city centre, a move that signifies a noteworthy expansion in its regional operations. The broadcaster has secured a lease for a 12,293 square foot space in No. 1 St Michael’s, part of a larger £150m phase in a development led by Gary Neville’s Relentless Developments. This office will be located on the eighth floor, which it will share with Pinsent Masons, a legal firm that secured 1.5 floors prior to the project’s launch.
The overarching development, valued at £400m, includes a second phase featuring a 41-storey tower. This structure will comprise 162 rooms in a five-star W Hotel, 217 residential units, and an additional 75,000 square feet of office space, further enhancing Manchester’s urban profile.
Gary Neville, prominently involved in the project, expressed enthusiasm about Channel 4’s involvement, highlighting the broadcaster’s reputation for creative and bold content. He noted, “We’re really pleased to sign Channel 4 to the last remaining office suite at No.1,” emphasizing the project’s success in setting new rental records thrice in the city. Neville indicated a focus on concluding final negotiations for the remaining retail space to achieve a fully let status.
Alex Mahon, Channel 4’s Chief Executive, spoke of the strategic importance of this move, describing it as a “really special moment for Channel 4.” She commended Manchester as an invaluable hub for the broadcaster, citing the partnership with Neville’s team as an opportunity to enhance their presence.
Legal and real estate transactions involved notable participants like Will Lewis from OBI Property, representing the developer, and Joe Rigby from CBRE for the broadcaster. Legal counsel was provided by Kuits Solicitors.
Channel 4’s new Manchester office marks a significant advancement in its regional growth strategy.
