National architectural organisation Corstorphine and Wright has begun work on phase 2 of a £15m project, which will see Manchester’s Royal Exchange renovated.
The grade II listed building is being upgraded on behalf of Trinistar Manchester, and the project is a joint venture between Starwood Capital and Trinity Investment Management.
Throughout phase 2 of the project work will be done to upgrade the existing retail arcade that links Cross Street with St. Anne’s Square, to restore and enhance the exterior stonework of the local landmark and to install new feature lighting and signage.
Justin Connor, Conservation Architect at Corstorphine and Wright, has stated, “Our design integrates the rich history of the building while adding contemporary interventions using materials and finishes in keeping with the original features”.
Mr. Connor also added “Whilst upgrades are needed to ensure the building meets modern accessibility standards, it has some tremendous features which are currently hidden underneath unnecessary finishes that dilute the quality of the building. Our primary role is to restore these features and bring the quality of the interior spaces in line with the quality of the external structure”.
The Royal Exchange was originally built in 1874 and was utilised as a significant textile trading exchange, fronting St. Anne’s Square. The building has an ample history and has not been refurbished since 1990, consequently the offices are now perceived as outdated and exhausted.
Windows will be restored to their full light in order to allow daylight to probe the floor plates, whilst the original high ceilings will also be reinstated.
The work is expected to be completed by the summer of 2016 and, when finished, the new-look Royal-Exchange is will become home to some of Manchester’s best independent retailers.
TNT News Billy Rooney