Press.
Here’s a small selection of what people have said about us.
  • Capital & Centric is preparing to submit a planning application next month for the conversion of the grade two-listed Crusader Works mill complex near Piccadilly Station into 200 flats.

    The developer bought the 200,000 sq ft mills in an off-market deal with private landowner Shafiq Tufail at the end of last year.

    Designed by Shedkm, the refurbished mills would include 200 apartments, made up of 75 with one bedroom, 124 two bedrooms and one with three-bedrooms.

    There would be no parking spaces within the scheme, but every flat would have cycle storage.

    The cluster of buildings is on Fair Street, Chapeltown Street, Congou Street and Baird Street in Manchester city centre. Some of the mills are linked, forming a central courtyard, which would be landscaped as part of the redevelopment.

    One block of the complex, which isn’t listed, would be demolished within Capital & Centric’s plans, replaced by a 10-storey building.

    The developer is currently conducting a public consultation on its plans, which is running until 16 May. A planning application is due to be submitted by the beginning of June, and subject to planning approval a start on site is expected in May 2017. The flats are due to go up for sale, at a starting price of around £150,000.

    The mills are partially occupied by a variety of businesses, including Rogue Studios which provides space for around 100 artists, alongside clothing manufacturers. However, large sections of the mills are vacant and falling into disrepair. An initial £4m would need to be spent in order to make the buildings safe.

    Capital & Centric is in talks with the occupiers in regard to exiting the warehouses.

    Adam Higgins, co-founder of Capital & Centric, said: “There are very few of these big listed mills left undeveloped in Manchester, and to have the opportunity to save it and open it up again makes us feel very privileged. All the ingredients are there, oak ceilings, oak floors and iron columns. It’ll make some incredible loft apartments.”

    The biggest mill is Crusader Works, built in around 1830 by Joseph Chessborough Dyer, co-founder of the Manchester Guardian Newspaper and the Bank of Manchester. The mills were initially used to produce machinery for the textile industry.

    The area around the mills has been earmarked for the proposed high-speed rail terminal, which would extend the existing Piccadilly Station buildings and act as an anchor for the wider regeneration of the area. Manchester City Council’s masterplan prepared by Bennett Associates shows offices, apartments, hotels and retail surrounding the mills.

    The mills are the only listed buildings in the area surrounding the HS2 expansion zone.

    Deloitte is advising Capital & Centric on the planning application.

  • Nikal development director and board member John Moffat is set to join Manchester-based developer Capital & Centric, to advise on a number of its city centre regeneration schemes.

    Moffat joined Nikal after graduating from the University of Reading in 2006. After working in the company across a range of projects and disciplines, he was appointed development director in April 2011.

    At Capital & Centric, Moffat will work on its pipeline of schemes in both the residential and commercial sectors. He is due to leave Nikal by the end of May.

    Capital & Centric is delivering a number of large-scale projects throughout Liverpool and Manchester, including the £250m Kampus in a joint venture with Henry Boot, the regeneration of the 200,000 sq ft Crusader Works warehouse complex, and the redevelopment of the former Littlewoods Film Studios.

    Adam Higgins, co-founder of Capital & Centric, said: “Experienced development guys are hard to find at the moment so we’re delighted that John’s joining us. With 12 years of experience he knows how to put a deal together, sort out funding and deliver it. He’s developed both commercial and residential projects and so is perfect for Capital & Centric’s current city centre portfolio.”

    Moffat said: “Having thoroughly enjoyed the last ten years at Nikal, I’ve decided that it’s time for a fresh challenge, and that’s exactly what Tim and Adam were offering.

    “As a proud scouser, the idea of working on the kind of high profile, exciting developments Capital & Centric have in the pipeline, particularly in my home city was a strong draw.

    “Despite being a young company they have achieved a great deal already, and I look forward to beginning this exciting new role next month.

    “I’d like to extend my thanks to Nick, Steve, and the rest of the Nikal team, for throwing me in at the deep end and allowing me to learn through experience rather than tuition over the last decade.”

  • Capital & Centric has finished its 47,000 sq ft Foundry development in Salford, formerly known as Digital Village, and has sold 7,300 sq ft in two units to music video producer The Gate Films.

    Built by Williams Tarr, the previously derelict plot opposite the grade one-listed Ordsall Hall, is now the site of 12 business units and a public boulevard. Designed by architects SixTwo, the units are designed to be super energy efficient.

    According to Capital & Centric, the developer has a further 33,000 sq ft at the Foundry under offer, with announcements due to be made in the coming weeks.

    The public boulevard running through the centre of the development links the Manchester Ship Canal towpath to Ordsall Hall on Ordsall Lane. A pontoon for a new water taxi is proposed at the end of the boulevard once the taxi service is in place.

    The project has been part funded by the European Regional Development Fund, providing more than £1.1m of investment.

    First occupier The Gate Films is fitting out its two units as sound stages for the creation and production of TV and film content.

    Tim Heatley, co-founder of Capital & Centric, said: “Our design-led approach has been the key to the success of the scheme, it’s allowed us to be selective over the occupier mix, the incoming businesses really value the aesthetic we’ve achieved. We’ve created hybrid work spaces for new ways of working and that’s evidenced by the exciting businesses we’re attracting. It’s great to have completed a super new scheme in my home city of Salford.”

    Joint agents CBRE and LSH have been appointed to sell the business units.

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