Muse Developments and Stockport Council have submitted a reserved matter planning application to accelerate the delivery of the fourth phase of £145m Stockport Exchange development.
The council and the company have secured £4.2m funding from the government’s Getting Building Fund through Greater Manchester Combined Authority.
Go deeper with GlobalData
The next phase of the development will include construction of a 64,000ft2 grade A office building as well as 400-space multi-storey car park for office occupiers.
It will feature solar photovoltaics, electric vehicle charging points and a green ‘living’ wall.
To date, the three phases of the Stockport Exchange development have been completed. It included a 1,000-space NCP multi-storey car park, a 115-bedroom Holiday Inn Express as well as two office buildings totalling 120,000ft2 comprising retail space on the ground floor.
See Also:
Upon the completion, the development will deliver up to 28,000ft2 of retail space, 375,000ft2 of Grade A office space, a 115-bed Holiday Inn Express hotel, a 1,000-space multi-storey car park, highway changes as well as substantial public realm improvements.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataMuse senior development surveyor Tom Webber said: “Reaching the latest milestone in the Stockport Exchange story and receiving this funding boost from the government’s Getting Building fund highlights confidence in our collective long-term vision for the scheme and is an endorsement of our commitment to investing in Stockport and the wider Greater Manchester to create places that creates jobs and improves employment opportunities to the local community in the town.
“Our partnership with Stockport Council has created the confidence for others to follow our lead and invest in the town.
“We’re committed to working with the Council, as we continue to deliver place-changing, repurposed regeneration that drives growth, opportunities for all and community wealth within the Mayoral Development Corporation.”
———————————————————————————————————————
Muse and Stockport Council submit plans to accelerate delivery of latest Stockport Exchange phase. Credit: Muse.
