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Edit Business | The Principal Manchester
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Story The Principal Manchester, originally known as the Refuge Assurance Building or Refuge Building after the insurance company stands at the corner of Oxford Street and Whitworth Street in Manchester, England. The building was previously known as the Palace Hotel.The first phase of this Grade II* listed red brick and terracotta building was designed for the Refuge Assurance Company by Alfred Waterhouse and built 1891–1895. The inside was of Burmantofts faience and glazed brick. The ground floor was one enormous open business hall.It was extended, with a striking 217ft tower, along Oxford Street by his son Paul Waterhouse in 1910–1912. It was further extended along Whitworth Street by Stanley Birkett in 1932.After occupying the building as offices for nearly a century, the Refuge Assurance Company departed the building for a new purpose site in the grounds of Fulshaw Hall, Cheshire on Friday 6 November 1987. The Refuge Assurance company had discussed converting the building into a new home for the Hallé Orchestra with one of Manchester's cultural patrons Sir Bob Scott for over a year. The £3 million funding required for the project did not materialise and the Halle subsequently moved from the Free Trade Hall to the new Bridgewater Hall upon opening in 1996.
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