Russells Construction has started work to redevelop the Grade II-listed Dantzic building in Manchester city centre.
The contractor is transforming the building as part of the NOMA regeneration, marking Russells' third project for the programme.
Once finished in 2019, the building will offer 45,000 sq ft of contemporary office space across seven floors.
Ian Cody, Director – Asset Management at Hermes Investment Management, which wholly owns NOMA, said: "This year will be busy for NOMA, with Dantzic starting on-site and Hanover nearing completion. The two buildings will provide much needed office space in Manchester city centre and will help underpin our ambition for NOMA to become the UK's leading innovation district.
"NOMA underpins our commitment of investing in major mixed use schemes, which benefit from excellent accessibility and great place-making, combining heritage and community engagement with efficient floor space and an attractive environment for people to work, live and visit."
Gareth Russell, Director at Russells Construction, said: "With Hanover fully underway and Dantzic starting on-site, it has been a pleasure to bring some of Manchester's historic buildings back into use, breathing new life into them and creating contemporary workspaces that will appeal to the legions of techies and creatives that are transforming the city's economy."
In total, NOMA will provide 2.5 million sq ft of office space across a 20-acre neighbourhood set within the former Co-op estate.
(LM)
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