A £15m revamp of a landmark Manchester building could lead to new project opportunities for catering equipment distributors over the next 12 months.
Aviva Investors, owner of the Corn Exchange building in the city centre today revealed a blueprint for transforming the premises into a restaurant and dining-out hub.
Under the plans, the historic grade II-listed complex, which was formerly known as The Triangle shopping centre, will become home to a collection of independent restaurants and food retail outlets.
Aviva is proposing a total transformation of its interior which would expose its Edwardian architecture as well as opening up the space inside to create the feel of a cosmopolitan European city square indoors.
Subject to achieving planning and listed building consent, it is anticipated the new scheme will be completed late 2014.
Simon Green of Aviva Investors said: “We have ambitious plans for this incredible building – plans that are supported by a clear vision.
“The refurbished Corn Exchange will provide an environment where the best regional and independent food outlets can flourish in this incredible building – a gastronomic exchange featuring at least a dozen new restaurants and independent food retail outlets.
Earlier this year, Aviva recruited London-based development group Queensberry Real Estate to spearhead its transformation plans.
The Corn Exchange was built in 1897 and opened for use in 1903, becoming a focal point for traders.
It reopened as The Triangle in 2000 following a major refurbishment after the Manchester bombing in 1996 before reverting back to the Corn Exchange name last year.