DTZ Investors has approveda £22 million investment towards a transformational refurbishment of Leisure destination Printworks Manchester, with works set to begin this month (February 2022).
DTZ Investors has also secured a new 20-year commitment with Vue who operate 23 screens at Printworks, including Europe’s second largest IMAX. The cinema has plans to undergo a multi-million pound flagship refurbishment in tandem with the wider work.
Printworks will remain fully open and trading throughout the refurbishment with the programme and implementation structured to ensure minimum disruption.
Ben Haller at DTZ Investors, said: “Printworks has shown resilience through the pandemic and refurbishing this iconic venue remains part of our vision for the asset. The leisure sector continues to transition as consumers seek the ultimate experience with technology redefining both expectations and possibilities.
“Consumers at Printworks will soon benefit from just that with a fully immersive and interactive environment on a scale not previously seen in the UK. This in turn will drive footfall and provide our tenants with the best opportunity for trade.”
“Printworks has an exciting tenant-mix from day-time family entertainment to the evening and late-night offer and we are delighted to confirm Vue cinema has signed a new long-term commitment to the scheme.
“This, alongside our extensive refurbishment, point toward Printworks remaining a prime destination leisure venue for years to come”
DTZ Investors purchased the Printworks site in February 2017 from Land Securities for £108m.
