Stockport is set to embark on a major renovation project after the council signed an agreement with Muse Developments to create a new high-specification office quarter.
The north-west town is looking to improve the overall look of its centre and the local authority has been keen to push on with these plans purchasing the site, known as Grand Central, in 2011. It means that the £140 million office-led development will be able to get underway, providing Stockport with a number of new facilities appealing to businesses and consumers alike. Officials stated that the project will be stretched over the next eight years, with a final completion date earmarked for 2020 following a series of phases.
Stockport will soon be home to a new hotel as well as improved car parking facilities with officials also keen to provide a gateway to the town centre allowing easy access to the shops and other amenities. Stockport is a key location due to its close proximity to Manchester while it is ideal for people travelling abroad via Manchester Airport.
The Lancashire town is just five miles away from the facility, making it perfect for people looking for a place to stay prior to jetting off. Stockport train station also sits on the west coast main line providing easy access to London for business commuters.
Officials stated the phase one of the project will include the creation a 1,000-space multi-storey car park as well as making significant improvement to the town's highways with a completion date set for 2014. The office space, hotel and new public space will be created in phase two while the final part will consist of more office buildings and public access facilities.
Matt Crompton, joint managing director of Muse Developments said: "[The project] marks an important milestone in the transformation of this key gateway to Stockport town centre. We can now look forward to working with our partners at the council to build on Stockport's commercial appeal to deliver this stunning new office quarter."
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