Sony is in advanced talks to take 50,000 sq ft at the Echo Building in Old Hall Street in Liverpool. The electronics giant will relocate from its building at Wavertree Technology Park, which it has occupied since 1997.
The Post and Echo Building was the former headquarters of the Liverpool Echo and Daily Post. The Echo relocated its 300 staff to a new home at 5 St Paul’s Square earlier this year, across the road from its current base, which it had occupied since the 1970s.
The former newspaper offices were acquired in October by Dubai investor Select Group, which plans to transform the building into a vibrant mixed-use destination totalling 300,000 sq ft. The redevelopment, set to complete in January 2020, will feature 50,000 sq ft of Grade A office space, a 207-bed hotel, and 26,000 sq ft of retail on the ground floor. Plans for the upper floors include a restaurant and bar, conference facilities, and a sky bar with stunning views over the Mersey and the city, which will be made accessible to the public.
The building’s façade is also due to undergo a comprehensive refurbishment including a black granite cladding and replacement windows, alongside new fins on the tower’s corners.
Sony is in talks to move into the building once fit-out works are completed in 2020. If Sony is to sign a deal, it will be one of Liverpool’s largest deals of the decade, following the 70,000 sq ft letting to the Royal College of Physicians at The Spine, and the 270,000 sq ft letting to the Government Property Unit at the India Buildings.