3 Hardman Street was designed by architects Sheppard Robson, as part of the Allied London project regenerating Spinningfields into a major business centre. According to Allied London chief executive Mike Ingall, "3 Hardman Street has been designed in particular for the financial and professional services sector for Manchester".[3]
The building was completed in February 2009, and it was the largest speculatively developed office outside London at the time.[4] (A speculative development is construction with no formal commitment from tenants). The building was 80% let before completion.[4] The building has a BREEAM rating of excellent.[5] The building is 16-storeys tall with one floor used as a plant floor.[1] The building also has two underground levels which hold 250 parking spaces.[1]
In 2010, Allied London sold the building for £183.5 million.[6] It was bought by Glenn Arrow UK Property, which is owned by the Luxembourg-based company, Ærium.[7] Allied London continues to manage the building.[6]