Works are set to begin by the end of the year. Credit: Capital&Centric.

British property developer Capital&Centric has secured planning permission from the UK’s Manchester City Council for the transformation of the city’s historic mill into creative workspaces. 

The project will see the restoration and transformation of the 22,000ft² Neptune Mill on Chapeltown Street within the Piccadilly East district into a four-storey workspace above ground-floor recreational space reserved for food and beverage retail.

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One of the floors within the building will serve as the new headquarters for the developer’s growing team. 

On-site work is set to commence by the end of this year, with the first workspaces expected to open up in early 2024.

The property is located within walking distance of the proposed High Speed 2 terminal.  

Capital&Centric joint managing director Tom Wilmot said: “As the city expands, enterprises are always on the hunt for the next stunning workspace that will inspire creativity and foster new ideas. We’re delivering that with Neptune Mill, creating the next chapter in the historic building’s story.  

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“We believe in the project so much; we’re even planning to base our own team there as part of our new HQ.  We’ve always been massive champions of Manchester’s Piccadilly East, having delivered new hotel rooms for visitors and homes for those putting down permanent roots in the city.  

“This is the next, exciting step for the neighbourhood, bringing in businesses and creating ground-floor spaces that the community can patronise. We’re hoping to move pretty quickly and be on site with the restoration by the end of the year.”