It has been confirmed that multinational tech giant, Microsoft, will take up office space in Manchester’s Neo building, Bruntwood’s £8m redevelopment flagship building on the corner of Charlotte and Portland Street in the city centre.
Microsoft’s acquisition of office space will see 100 of its existing employees move to the city and add to the already blossoming tech industry in Manchester. Based on the seventh floor, Microsoft will benefit from the newly refurbished building’s high-tech and high-quality work spaces.
Phil Kemp, chief commercial officer, of Bruntwood said: “We are thrilled to welcome Microsoft to Neo – an organisation perfectly suited to a place, purposely-designed to inspire creative thinking and collaborative working.”
Opened in March 2017, Neo underwent extensive refurbishment to transform it from ‘Bank House’ – the Bank of England’s administrative building of the former bullion storage situated next door in ‘Bank Chambers’ – to a workspace to suit the technological and wellbeing needs of modern companies.
Microsoft will join the likes of Manchester Digital, The Penketh Group, Kingsley Recruitment and Azo Network.
This latest uptake of office space by one of the world’s tech giants only goes to further strengthen Manchester’s impressive computing heritage; from being the home of the first computer to a leader in the digital and tech industries.
The recent growth of tech companies taking up residence in the city has helped the economy to boom. It has also been reflected in the property markets, both commercial and residential. New office buildings are springing up around the city centre, Salford and other key areas in Greater Manchester, older buildings are being refurbished to bring them into the 21st century and residential properties are being keenly snapped up by employees looking to relocate to the capital of the North.