The Subplot | Department stores, HS2, Oldham’s big bet
23 Feb 2021, 09:00Comments (2)
Welcome to
Place North West.
This week: plans for Manchester’s House of Fraser raise hopes that the North West’s defunct department stores can find a new future. With the HS2 high speed line to Crewe now signed into law,
Subplot asks if the town is all-aboard the workspace train. Meanwhile, Oldham Council pulls the threads together on the Spindles redevelopment.
ARE YOU BEING SERVED?
Department stores reborn
Investec’s plan to convert Manchester’s Kendal Milne building – or House of Fraser in new money – into a 500,000 sq ft office campus targeted at technology occupiers comes as North West landlords wonder what to do with dozens of defunct department stores. The answers could be surprisingly money-spinning.