News

Manchester Tech Hub's Rapid Growth Is About To Get Supercharged

Manchester boasts the largest tech cluster outside of London, but a new report outlined how it could attract even more technology firms and continue its momentum as a world-class digital leader.

Manchester Town Hall

What's driving Manchester's tech scene? WiredScore found that 73% of northern tech professionals have confidence in the local economy. Companies couldn't resist the local talent pool, the city’s industrial heritage and its commercial real estate prices (mentioned as drivers by 69%, 65% and 58% of surveyed pros, respectively). Flexible and short-term leases for startups and incentives for tenants were also cited as key factors.

The rise of co-working as a financially efficient way of working was also identified in the survey, with 23% saying they would like to see more shared office space available to businesses.

However, one-third of respondents believe more businesses would be attracted to the city if landlords were able to offer improved connectivity.

WiredScore UK CEO William Newton
Photo credit: Courtesy of Camilla Greenwell

The report accompanies WiredScore’s launch in Manchester, its first UK city outside of London. The company has over 300M SF of Wired Certified property globally, 20M SF of which is in London. WiredScore is now working with property owners in Manchester, including CBRE Global Investors, Kennedy Wilson Europe, Legal & General Investment Management, Peel, Property Alliance, NOMA/Hermes Investment Management, Schroders and Helical.

Manchester’s leaders in digital connectivity have already committed over 4M SF in Manchester to being certified.

“Manchester has already marked itself as a thriving British hub of digital and creative companies,” WiredScore managing director William Newton (shown) tells Bisnow. “To ensure that the city continues to prosper, it’s essential that local entrepreneurs and businesses have the necessary resources—both physical and human—that will enable their companies to grow. The city’s landlords and developers have an important role to play in achieving this, by investing in their properties’ connectivity infrastructure to future-proof their buildings against the needs of the modern business.”

The Colmore Building
Photo credit: Courtesy of WiredScore
The Colmore Building

Other northern cities are heating up, too. The Colmore Building, in Birmingham’s city centre, became the first in the city to be Wired Certified, achieving a Platinum rating for its digital connectivity.

The 14-storey building, home to Vodafone, Allianz, Grant Thornton, Investec and Marsh, secured its rating by providing three unique sources of fibre—including dedicated business-grade fibre offerings that can be used for symmetrical speeds of up to 100 Gbps depending on tenants’ requirements—as well as a fixed wireless provider. The WiredScore audit also found the Colmore Building had best-in-class levels of resiliency, with three fully separate intakes and three fully diverse risers, giving occupiers the option of improved protection against any potential disruption.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's London Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Equinix Bets Big On Slough Data Centres: The London Deal Sheet

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

Redevco Buys 560K SF Jaguar Land Rover Logistics Hub In UK IOS Push

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject