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Outdated Manchester building could become new ‘innovation hub’ as part of £1.7bn transformation plans

A new lease of life.

Emily Sergeant Emily Sergeant - 26th February 2024

An outdated Manchester building could be “reactivated” into a brand-new innovation hub as part of ambitious transformation plans.

The Renold Building – which dates back to 1962, and was the first of its kind UK at the time – will take on a new lease of life, and become a home for “forward-thinking entrepreneurs and SMEs” to develop new ideas and solutions that will help tackle some of the world’s biggest challenges.

The building’s revamp forms part of the initial phase of the University of Manchester (UoM) and Bruntwood SciTech’s joint ‘ID Manchester’ project.

ID Manchester is an “ambitious” plan to transform the University’s former North Campus into a “welcoming and accessible” new £1.7 billion innovation district.  

According to UoM, the new vision for the Renold Building will celebrate its history as an educational hub by hosting the next wave of science and technology innovators, and building an inclusive and purpose-driven community.

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The city centre building will provide a range of coworking, office, and meeting facilities to accommodate and support collaboration between researchers, entrepreneurs, businesses, and partner organisations.  

On top of this, new events and exhibition spaces – including lecture theatres, and a community cafe – will be accessible to local businesses, community groups, and arts and culture organisations as part of the project, so that they have the chance to host and participate in a wide range of engaging events and activities. 

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“The Renold Building will be an invaluable place to bring together like-minded organisations and partners to collaborate, develop, and test new ideas,” commented John Holden, who is the Associate Vice-President for Major Special Projects at UoM.

“We’re building our innovation ecosystem from the ground up, and the Renold Building will be a place that not only accelerates the growth of our city’s most promising entrepreneurs, SMEs and university spin-outs, but also provides the spaces and opportunities to allow our local communities to participate, experience and benefit from innovation too.”

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An application to convert the building from educational to commercial use has been submitted to Manchester City Council, UoM and Bruntwood SciTech have confirmed.

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Pending application approval, the building is set to open in late 2024.  

Featured Image – UoM