A novel 6-DOF parallel kinematic manipulator named the Octahedral Hexarot is presented and analyzed. It is shown that this manipulator has the important benefits of combining a large positional workspace in relation to its footprint with a sizable range of platform rotations. These features are obtained by combining a rotation-symmetric actuating arm system with links in an octahedral-like configuration. Thus the manipulator consists of a central cylindrical column with six actuated rotating upper arms that can rotate indefinitely around the central column. Each upper arm is connected to a manipulated platform by one 5-DOF lower arm link. The link arrangement of the Octahedral Hexarot is inspired by the original Gough platform. The manipulated platform is an equilateral triangle and the joint positions on the upper arms approximately form an equilateral triangle. A task dependent optimization procedure for the structural parameters is proposed and the workspace of the resulting manipulator is analyzed in depth.