Factory International, the huge arts centre being built in Manchester city centre, has blown past its budget again.
The building is set to be a world-leading theatre, performance space and cultural hub, and unveiled its opening programme just last week.
Plans for the unique structure, which boasts 21m-high ceilings and an enormous warehouse-style space that can be divided up for different audiences, were first announced in 2016.
Back then, its total budget was set to be £110m and its opening date was pencilled in for 2019.
Now, it’s looking at a total cost of £210.8m – almost double its original budget – and a completion date in 2023.
Factory International. Credit: Pawel Paniczko
The flagship arts centre requires an additional £25.2m to complete the work on site, as construction costs skyrocket.
When it is completed, it’s expected to create or support around 1,500 jobs, attract 850,000 visitors a year, and contribute around £1.1bn to the economy over a decade.
Factory International will be programmed and operated by the team behind Manchester International Festival, and will act as a permanent home to the roving arts festival.
A report published on Factory International yesterday described the ‘extremely challenging wider environment the project is being delivered in’, from workforce shortages to supply chain issues to high levels of inflation.
Factory International has gone over its budget again. Credit: Pawel Paniczko
It cites figures from the Department for Business, Energy and Industrial Strategy (BEIS), which show a 26.4% increase in prices for all construction work since June 2021.
This includes a 58.2% increase in the price of concrete reinforced bars, a 46.3% increase in the cost of fabricated structural steel and a 28.3% increase in the cost of precast concrete products.
The report states: “While the existing budget made reasonable allowances for contingencies, it could not have predicted the exceptional circumstances with steep levels of inflation and considerable supply chain challenges that are still being experienced as Factory International approaches its opening in June 2023.”
The Executive and Manchester City Council will be asked to approve a budget increase of £25.2m, £10m of which will come from contingency funding set aside in the Council’s capital budget. The rest will come from borrowing.
More than £105m of the £210.8m total budget is funding from the Government and Arts Council England.
£55.4m has come from Manchester City Council, with the remainder coming from commercial and philanthropic fundraising.
Separately, the local authority will also underwrite Manchester International Festival’s increased costs for the fit out of the building which have also been driven up by soaring inflation by up to £7.8m. This is ‘critical to enable the venue to operate’.
The Council hopes that selling the long-term naming rights agreement for Factory International will help to recover a significant proportion of the costs.
Cllr Luthfur Rahman, Deputy Leader of Manchester City Council, said: “Factory International will be an incredible asset for Manchester. Not only will it strengthen the city’s reputation as a nationally and indeed globally important centre for the arts, it will also help stimulate and sustain our fast-growing cultural sector which contributes £1.4bn to our economy every year. It will act as a major training centre for Manchester people pursuing careers in the arts.
“Factory International will further create and support jobs in the hospitality sector by attracting hundreds of thousands of visitors to the city every year. Sitting in the heart of the St John’s Quarter it has already helped attract investment and job creation here and will continue to do so.
“It will be inclusive and inspiring – with plenty of free and low cost events and opportunities for Manchester people to get involved – as participants as well as audiences.
“It’s an audacious project and with that comes challenges, especially when set against a volatile economic backdrop, but the ongoing benefits for many years to come will far outweigh the one-off cost. We must not lose sight of that.”
The report will be considered by the Council’s Resources and Governance Scrutiny Committee on 11 October and the Executive will be asked to approve the increased budget when it meets on 19 October.
Featured image: OMA 24
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The first new tenant of the old Debenhams department store on Market Street has been confirmed
Danny Jones
The first new resident of the Rylands Building on Market Street in central Manchester has been revealed, and it’s a foodie one.
Set to be the maiden opening inside the old Debenhams department store, which closed after more than three decades back in 2021, Rylands’ debut won’t be for another year or so, but it will soon welcome Mancs with an increasingly popular food hall operator making its way up north.
Simply called Market Place, the ever-growing brand is fast becoming a well-established name, with four venues in the capital already and a fifth coming soon.
Rylands will be their first location outside of London, and with 1,300 sqm of space at their disposal, Market Place Manchester is set to make a significant splash on the high street.
A look at Market Place Peckham.A rough idea of what the Manchester branch could look like.
Developers managed to green-light plans for the Grade II-listed building last November, sharing the first details and glimpses of their vision for the instantly recognisable city centre spot, including a whole new rooftop terrace.
Currently earmarked for a late 2026 launch, the former department store (previously Paulden’s) consisted of seven floors but is now set for a four-storey extension that promises to be a massive and varied retail, leisure and business destination that makes the most of the expansive structure.
Not to be confused with the famous John Rylands Library – a much older, more gothic, historic and hallowed hall over on Deansgate – this task of ‘revitalising a Manchester icon’, to quote property firm AM ALPHA, is a huge undertaking.
In charge of the redevelopment since 2023, the group have been outlining a pretty complete overhaul, with plans to convert the upper floors into premium office space, and the creation of a retail arcade at ground level, on which Market Place Manchester will sit.
This particular Manc corner was a bustling food, drink and shopping complex for the longest time, but has been derelict and covered up by boards for what feels like forever, with urban explorers even roaming the large, abandoned building.
Credit: Supplied
Now, though, the new long-term 15-year lease agreement will see the latest food hall kick off a new era for Rylands, delivering socially focused venues and the range of flavourful, vibrant choices of scran that Market Place have become known for.
With sites in St Paul’s, Vauxhall, Peckham, Harrow and soon Baker Street – as well as their eventual Manchester outpost, of course – the chain is getting bigger and better, meaning its arrival in the North West is an exciting one.
AM ALPHA manager Paul Hodgkiss said in an official statement: “Manchester is a city with a vibrant cultural scene – the perfect environment for forward-thinking concepts like Market Place Food Hall…
“The early commitment to Rylands is no coincidence: it reflects the strength of our strategic and forward-looking approach to development. We are not just creating high-quality space – we are setting new standards for urban mixed-use concepts. Interest from further prospective tenants is strong.”
It was only last week that Greater Manchester’s latest market hall, Campfield Studios, said hello to the general public and with House of Social also opening this summer, among several other similar projects, soon you won’t be able to move for more social hospitality scenes like this:
Manchester crowned one of the world’s best cities for music lovers
Emily Sergeant
Manchester has been crowned one of the world’s best cities for music lovers, even beating out New York along the way.
If there’s one thing Manchester is known and loved for over anything else, it’s music.
From Oasis and Joy Division, to Happy Mondays, The Smiths, The Stone Roses, The 1975, and even more modern-day acts, there’s no end to the amount of talented artists this city has produced or been home to over the years, all contributing to Manchester being one of the most prestigious music cities there is.
The city’s live music scene has always been thriving, and that continues right through to this very day, as you’ll see big-name musicians including Manchester as a destination in their UK tour schedules more often than not.
This summer is all set to be a sensational celebration of sound, as not only is an immersive art trail, Music for the Senses, taking over the city from this week, but this year’s annual Manchester Day will be music-themed too, marking one of the biggest years for Manchester music in a long time.
Manchester has been named one of the best cities in the world for music lovers / Credit: Manchester City Council | Eldhose Kuryian (via Unsplash)
Oh, and there’s also the small matter of Oasis reforming for a UK tour, including a run of gigs at Heaton Park this month.
So it’s no surprise that Manchester has been named one of the best cities in the world for music lovers, especially as the IFPI Global Music Report has revealed that the UK has the third largest music market globally – with the music industry’s contribution to the UK economy being £6.7 billion on average.
Taking this recent report into consideration, the experts over at SeatPick have collated data to uncover the best UK cities for music lovers, analysing factors such as the number of concerts, homegrown talents, music businesses, and the total number of music venues, to reveal each city’s overall music score out of 10.
Coming in at second place with a music scene score of 8.97/10 is Manchester.
2025 is all set to be a sensational summer of sound in our city / Credit: Supplied
“Manchester remains one of the UK’s most iconic music cities and with 1,204 concerts between 2025-2026, 116 live music venues, and 380 homegrown acts, the city’s live music offering is as strong as ever,” SeatPick said of its findings.
“2025 is shaping up to be a historic year for Manchester, with Oasis reuniting for the first time in over a decade, with a massive comeback show at Heaton Park – the very spot where they played their last hometown gig in 2009.”
While Manchester may have missed out on the UK’s top spot, with that title going to London, in the global rankings, our city has claimed an impressive sixth place, beating out New York’s influential music scene.
Liverpool and Leeds are two of the other northern cities in the UK’s top 10, taking fifth and sixth place respectively.
“Cities which have a larger number of music businesses are key in creating the perfect city for music fans, as this impacts the city’s cultural, economic, and social vibrancy,” explained Gilad Zilberman, who is the CEO of SeatPick.
“A thriving music scene within a city means it can provide more artistic expression, support a wider range of genres, and enrich the cultural landscape, as well as attracting creative talent.”
Daisy Jackson -
4th October 2022 
