Stockport Pyramid
The Stockport Pyramid, otherwise known as the Co-operative Bank Pyramid or simply The Pyramid is a commercial office building in Stockport, Greater Manchester.
Stockport Pyramid | |
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![]() ![]() Stockport Pyramid Location within Greater Manchester ![]() ![]() Stockport Pyramid Stockport Pyramid (the United Kingdom) | |
General information | |
Status | Completed |
Type | Commercial offices |
Location | Yew St, Stockport SK4 2JZ |
Coordinates | 53.4080°N 2.1754°W |
Construction started | 1987 |
Completed | 1992 |
Owner | Eamar Developments |
Height | |
Roof | 36.60 m (120.1 ft) |
Technical details | |
Floor count | 6 |
Floor area | 86,000 sq ft (8,000 m2) |
Design and construction | |
Architect(s) | Michael Hyde and Associates |
Website | |
pyramidstockport | |
References | |
[1][2] |
History
The Pyramid was intended to be the 'signature building' within a larger development scheme that originally included multiple pyramid-shaped buildings.[3] Sources vary on the number of pyramids that were originally planned, some state two further pyramids would be built,[4] whilst others state four more pyramids were planned.[5]
Construction was completed in 1992.[1] During construction, the developers went into administration and the building was repossessed by The Co-operative Banking Group, who had financed the development.[6] Between the completion of the building in 1992 and the occupancy by the Co-operative in 1995, the building was empty.[7] The building was occupied by The Cooperative Bank from 1995 until they relocated to NOMA in Manchester city centre in 2018.[8]
Several failed development projects near the site, including the pyramid's own unoccupancy immediately after construction and the Cooperative Bank's near-collapse in 2013,[9] led to a superstitious consideration that the site was 'cursed'. The curse was announced as 'lifted' when nearby developments resumed in 2005 with the sale of office blocks in the surrounding business park.[10]
The surrounding business park has been referred to as 'The Stopfordian Valley of the Kings',[5] Kings Reach,[3] or Kings Valley.[11]
In 2019, the building was bought by the Saudi Arabian investment company Eamar Developments after being advertised for sale in the summer of 2018 for around £4.5 million.[12] Eamar Developments have planned to let the site as office space after refurbishment.[13]
Design
The pyramid has been described as 'avant-garde', 'aspirational' and an 'incongruous structure' compared to the industrial era buildings commonly found in Stockport. Contrary to it commonly being referred to as a pyramid, the Manchester Evening News claims that the building's 'shape is more accurately described as a ziggurat'.[5]
References
- "The Pyramid". Emporis. Retrieved 23 March 2021.
- "Michael Hyde and Associates Limited". Emporis. Retrieved 23 March 2021.
- "Iconic Stockport Pyramid Hits the Market". Marketing Stockport. Retrieved 23 March 2021.
- "Stockport Pyramid bought by Saudi investor". Marketing Stockport. Retrieved 23 March 2021.
- "The unknown story behind Stockport's Pyramid - and 'The Valley of the Kings' that never was". Manchester Evening News. Retrieved 23 March 2021.
- "Inside the Stockport Pyramid". Marketing Stockport. Retrieved 23 March 2021.
- "Stockport Pyramid hits the market". Place North West. Retrieved 23 March 2021.
- Begum, Shelina. "The iconic Stockport Pyramid has been purchased from the Co-op after going on the market for £4.5m". Manchester Evening News. Retrieved 23 March 2021.
- "Co-op Bank apologises and confirms £1.3bn losses". BBC News. Retrieved 23 March 2021.
- "Curse of the Co-op Pyramid is lifted". Manchester Evening News. Retrieved 23 March 2021.
- "Stockport's Pyramid building seeks tenants, following costly refurb". Confidentials. Retrieved 23 March 2021.
- "Stockport Pyramid bought by Saudi investor". Place North West. Retrieved 23 March 2021.
- "Eamar Developments to begin refurbishment of Stockport Pyramid". Marketing Stockport.