Corn Exchange, Manchester
The Corn Exchange
|Address||Exchange Square, Manchester, M4 3TR|
|No. of stores and services||approx 40|
|Total retail floor area||141,722sq ft|
|No. of floors||3|
Corn Exchange, Manchester is a grade II listed building in Manchester, England. The building was originally used as a corn exchange and was previously named the Corn & Produce Exchange, and subsequently The Triangle. Following the IRA bomb in 1996 it was renovated and was a modern shopping centre till July 2014. The building was recently sold to Aviva investors and is set to be re-developed.
The present building stands on the site of an earlier structure built in 1837 trading from Hanging Ditch. It was built in 1837 but they rebuilt parts of it in 1903. This was replaced in 1897 by the current building, which opened for business in 1903 and was called 'The Corn & Produce Exchange'. In its heyday it was the gathering spot for thousands of traders from all over the region. This continued until the economic depression of the 1920s and 1930s. Following the Second World War, trade gradually declined and the trading floor fell into disuse.
From approximately this period until 1996 it became a gathering place for alternative communities and contained a large market with small stallholders selling clothes, jewellery and piercing paraphernalia, and second hand record shops. Many of the shops were temporary structures on the trading floor of the exchange, with other shops operated from permanent units and offices around the perimeter. One of the most well known shops was Golden Dawn Books, ran by Barry Bender, who was injured in the IRA bomb and subsequently died. There was also a small cafe in a basement area to the northeast of the ground floor. The exterior of the building also housed many shops in a basement area, including Harry Hall Cycles.
After being heavily damaged by the 1996 bomb many of these businesses were forced to move to new premises, mostly in the north of the city, where many foundered. The Corn Exchange was renovated and reopened as the Triangle Shopping Centre (because of its shape). Most of the Edwardian interior was replaced by high-class retail outlets including MUJI, a flagship Adidas store, O'Neill and Jigsaw, all of which have now closed.
In 2005, The Norwich Property Trust, the largest authorized commercial property unit trust in the UK, acquired the Triangle for £67m from American property company the Blackstone Group and its UK-based partners Milligan.
In 2012, 'The Triangle' was relaunched as 'Corn Exchange, Manchester'. As of July 2014 the interior is closed. Plans to convert the building into a food outlet and a hotel have been reported. In August 2014 work was commenced by a demolition company to strip out modern interior materials and fixtures, some of which were being offered for reuse as salvage and reclamation, prior to recycling or landfill.
- "Listed buildings". Manchester City Council. Archived from the original (HTTP) on 2007-09-27. Retrieved 2007-10-29.
- "Bombed out" (HTTP). Cathy Malcolm film on corn exchange traders following IRA bomb. Retrieved 2007-10-30.
- "Triangle sold in £67m deal". Machester Evening News. 2005-10-18. Retrieved 2007-10-30.
- Begum, Shelina (8 August 2013). "The taste of things to come - Manchester's Corn Exchange to be turned into top dining destination". Manchester Evening News. Retrieved 7 July 2014.
- Bell, Alex (2 May 2014). "Boutique hotel to open in Corn Exchange as part of £30m redevelopment". Manchester Evening News. Retrieved 7 July 2014.
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