New Purpose-built Cultural Centre for Manchester to Bring Together Library Theatre and Cornerhouse

MANCHESTER.- A major new cultural facility will help unlock up to 10,000 jobs in a key regeneration area in Manchester city centre. Two unique Manchester creative organisations, Cornerhouse and Library Theatre Company, will join forces in a stunning purpose-built £19 million new home on the northern side of First Street. This new cultural destination will act as a powerful catalyst to the regeneration of the 20-acre First Street site and its neighbourhood, bringing the area to life through by increased footfall, attracting other leisure and retail investment and giving it a strong sense of place which it currently lacks. These changes will help stimulate the development of around 1.25 million sq ft of commercial floorspace which will be critical to meeting growing occupier demand as Manchester’s economy recovers from the economic downturn. Sir Richard Leese,

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