BNY’s decision to relocate to 4 Angel Square in NOMA marks a significant shift in Manchester’s commercial landscape.
With civic leaders backing this move, the development is poised to influence the city’s strategic growth and corporate relocations.
BNY is making a major investment in Greater Manchester with its move to 4 Angel Square. This relocation consolidates BNY’s Manchester presence into a centralised location, bringing teams together in a prime city-centre office. The bank’s decision is a testament to Manchester’s connectivity, liveability, and access to talent, factors that attract large international companies.
The move to 4 Angel Square, a net-zero operational carbon building, aligns with BNY’s sustainability goals. The site’s proximity to transport links and local amenities adds further value to this strategic relocation.
Councillor Bev Craig emphasised NOMA’s transformation through regeneration, which boosts investor confidence. The area now stands as a symbol of sustainable growth and job creation, firmly placing Manchester on the global map.
Gallagher’s remarks point to a potential shift in the dynamics of Manchester’s commercial space, with increasing competition for quality office locations.
Chris Mulcahy noted the rare opportunity this deal presented, with BNY securing an entire building. This agreement indicates a robust future for Manchester’s real estate market, especially in attracting large corporate tenants.
With BNY as a significant anchor tenant, other large corporates may follow suit, recognizing the strategic advantages of NOMA’s location and facilities.
The commitment to sustainable development and job creation underscores the forward-thinking approach of both the city’s leadership and corporate occupiers like BNY.
BNY’s relocation to NOMA represents a transformative development for Manchester, reinforcing its status as a premier business destination.
This move is poised to drive further growth, attract new investments, and cement Manchester’s role as a significant global city.