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Wednesday, March 4, 2026
ConstructionCapital&Centric completes Manchester mill workspace restoration

Capital&Centric completes Manchester mill workspace restoration

Restoration of one of Manchester’s historic mills is complete, with the team behind it revealing a first look at some of the new creative workspaces inside.

Social impact developer Capital&Centric took on the Grade II listed Neptune Mill in Manchester’s Piccadilly East neighbourhood last year. They’ve now completed the stunning restoration and repurposing of the 19th century building, turning it into some of the city’s coolest workspaces for creative businesses.

New images show how loads of the building’s original features have been retained and celebrated as part of the overhaul, with bold new fixtures and fittings fit for the 21st century.

The top floor has seen the biggest transformation, with reclaimed timbers taken from the entire building used to reboard the ceilings, revealing more of the building’s innate charm. Roof lights have also been fitted to reveal the stunning features, a perfect space for one of Manchester’s bustling creative businesses to locate to.

A lush new courtyard and coffee shop has also been finished. Capital&Centric recently signed up Ancoats favourite Cotton to move in, offering a new spot for people working there, living nearby and the general public to hang out. Expect to see their sought-after sarnies, coffee, cakes and juices as well a new spot for after works beverages.

Neptune Mill (pictured) – named after a long gone road in the area – has been built to the highest energy efficiency standards, achieving an EPC A rating, whilst also saving loads of embodied carbon that would’ve been lost if the mill was demolished. Manchester-based Capital&Centric, headed up by Tim Heatley and Adam Higgins, has also made one of the Neptune Mill floors its new HQ.

It’s also set to feature a massive new addition to Manchester’s street art scene, with the team in discussion with muralists about a permanent new installation.

Tom Wilmot, joint managing director at Capital&Centric, said: “This is a major step forward in our plans for Piccadilly East. We’ve already delivered new homes, hotels and cultural spaces and Neptune Mill adds something different to the mix … really desirable workspaces with standout original features and a new neighbourhood coffee shop. It’s brilliant the team behind Cotton are on board to make the space their own and we’ve no doubt Neptune will be perfect for businesses that want anything but a bland corporate space.

“As well as bringing something new to the Manchester market, it’s also a fresh chapter for the Capital&Centric team as we make it our new base.”

Any potential occupiers can register interest here: www.capitalandcentric.com/neptune-mill

Helen Greaney
Helen Greaney
I'm a journalist with more than 18 years' experience on local, regional and national newspapers, as well as PR and digital marketing. Crime and the courts is my specialist area but I'm also keen to hear your stories concerning Manchester and the greater North West region.
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