Inflation and age of building send costs on Manchester Town Hall revamp up by close to £70m

By Daniel Gayne2023-07-14T11:55:00

Council admits Lendlease job might not now be finished until summer 2026 – two years late

Lendlease is set to ask Manchester City Council for extra £29m interim funding for its £305m restoration of the city’s grade-I listed town hall.

A progress update issued by the council revealed hyperinflation in the construction industry, delays caused by the covid pandemic and other “unpredictable factors” had resulted in a £67m impact on the project.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community