Stock Exchange Hotel Expansion Approved in Manchester City Centre

Polymath & Boffin is pleased to note the approval of a significant expansion of the Stock Exchange Hotel (view here) in Manchester city centre, marking an important milestone in the continued evolution of one of the city’s most prominent luxury hospitality assets.

Manchester City Council has granted planning consent for the redevelopment of Norfolk House, a 54,000 sq ft office building located opposite the existing Grade II-listed Stock Exchange Hotel. The approved scheme will convert the building into a 95-bedroom luxury hotel extension, substantially increasing overall room capacity from the 40 bedrooms with which the hotel opened in 2019.

The extension will operate as an integral part of the existing hotel under the name Stock Exchange Suites. In addition to new accommodation, the development will deliver a comprehensive range of guest amenities at ground-floor level, including a lounge, spa, gym, meeting rooms, and a restaurant and bar, further strengthening the hotel’s position within Manchester’s premium hospitality market.

The planning process progressed swiftly, with approval granted just over six weeks after submission under delegated powers. As set out in the decision notice, works are expected to commence within three years. EPR Architects is advising on the design of the scheme, with Zerum acting as planning consultant.

The approval represents a new chapter for Norfolk House, following the departure of its former occupiers and its marketing in 2024. More broadly, the project reflects sustained confidence in Manchester’s city-centre hospitality sector and its ability to attract high-profile domestic and international demand.

Polymath & Boffin, acting in its capacity as private equity and investment banking advisor, supported the sponsors in achieving a timely investment and expansion of this landmark hospitality asset.

For further reading, please see coverage from independent third-party media below.

• Boutique Hotelier → here

• Manchester Evening News → here

• Manchester World → here

• Place North West → here

• Travel And Tour World → here

• Travelling For Business → here