Moneycentre

Project overview
MCR Property Group is proud to be investing in the heart of Britain’s Ocean City with the acquisition of The Moneycentre, one of Plymouth’s most prominent city centre buildings. Located on Drake Circus, close to the University of Plymouth, Arts University Plymouth, Sutton Harbour and the main rail station, the building is now in the final stages of planning for conversion into 119 high-quality Build to Rent apartments. The scheme will offer a mix of modern, energy-efficient studio, one-bedroom and two-bedroom homes, designed to meet growing demand for well-located rental living in the city centre.
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NO. OF UNITS
102
STATUS
IN PLANNING
ADDRESS
1 Drake Circus, Plymouth PL1 1QH
MORE INFORMATION
ACQUISITION DATE
2025
ARCHITECT
Figure/Ground
COMPLETION DATE
TYPE
A full rebrand and placemaking strategy is underway to give the building a new identity that reflects Plymouth’s creative energy and coastal character. This development will form part of a wider regeneration story, supporting the city’s growth with quality homes and long-term investment.
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