Gary Neville says ‘leap of faith’ paid off as No 1 St Michael’s in Manchester is fully let before building work completes

Footballer turned property developer Gary Neville says he’s proud of the “leap of faith” taken by his company Relentless Developments as its flagship office building is now fully let before it is even completed.

Relentless started work on the 100% speculative development in 2022 and has since secured six office tenants and three food and drink operators. It has three times set a new headline rent for offices in the city.

The business calls No.1 St Michael’s “the best new office development outside London” and says this is “the first time in 15 years a speculative office building of this scale in Manchester has been fully let prior to practical completion”.

Last month investment bank Cavendish announced it was opening its first office in Manchester and would be moving into No.1 St Michael’s in spring. In October Channel 4 confirmed it was to take 12,293 sq ft of space at No. 1 St Michael’s.

The scheme, set to o