The University of Manchester and development firm, Bruntwood have gained planning for phase two of the £50m redevelopment of Manchester Business School (MBS), which forms part of the University’s ten-year, £1bn campus masterplan.
Phase two will see redevelopment of the existing precinct centre to create 40,500 sq ft of retail and leisure space. Its also includes the refurbishment of 200,000 sq ft of MBS facilities to improved teaching facilities and a new library and enterprise zone.
Work on the retail redevelopment will begin in 2015, with the development set to open in mid-2016. The wider scheme of MBS refurbishment works will be completed in phases with the final phase due for completion in early 2018.
A hotel and enhanced Manchester Business School Executive Education Centre are being developed as part of phase one, with construction of this £37m project set to begin later this month.