Channel 4 is expanding its presence with a new office in Manchester’s iconic development led by Gary Neville’s company.
- The broadcaster will occupy 12,293 sq ft at No.1 St Michael’s, a key component of the £400m development.
- This expansion highlights Channel 4’s commitment to maintaining a strong regional presence across the UK.
- The deal concludes the office lettings at No.1, with Channel 4 sharing the eighth floor with legal firm Pinsent Masons.
- This move underlines the broadcaster’s reputation for bold and innovative content, aligning with Gary Neville’s prestigious development.
Channel 4 is set to strengthen its footprint in the North West of England by opening a new office in Manchester’s city center. The broadcaster will take up residence in a substantial 12,293 square feet of office space within No.1 St Michael’s, a prominent part of the £400 million development initiated by Gary Neville’s firm, Relentless Developments.
The decision to establish an office in this prestigious location underscores Channel 4’s dedication to increasing its regional influence. The move is also a strategic step that aligns with the company’s effort to represent diverse voices across the UK. By securing this space, Channel 4 consolidates its role in Manchester, a vital hub for media and business.
The comprehensive St Michael’s project, worth £150 million for its initial phase, is part of a broader development plan that includes other significant sectors. A remarkable 41-storey tower will soon rise in the area, featuring a lavish W Hotel, a series of residential units, and further commercial spaces, marking an expansion of Manchester’s urban landscape.
Channel 4’s new office will occupy half of the eighth floor at No.1 St Michael’s. Pinsent Masons, a renowned law firm, will occupy the remaining space, securing 1.5 floors before the building’s official debut in July 2023. This development represents a significant milestone for Manchester’s office market, with the project reportedly setting the city’s rental record multiple times.
Gary Neville expressed delight at Channel 4’s decision to join the St Michael’s development, remarking on the broadcaster’s esteemed reputation for creating bold and creative content. Channel 4’s chief executive, Alex Mahon, echoed these sentiments, emphasizing the momentous nature of this move and underscoring the importance of Manchester as a key base for the broadcaster.
The legal and logistical complexities of the deal were deftly handled by Will Lewis from OBI Property, acting on behalf of the developer, and Joe Rigby from CBRE, representing Channel 4. Legal expertise was provided by Kuits Solicitors, ensuring the deal’s successful execution.
Channel 4’s new office in Manchester’s St Michael’s development marks a strategic expansion of its regional presence.
