Following the success of the first two phases, Muse Developments and Stockport Council have submitted a planning application for a further phase at Stockport Exchange.
Muse is delivering the £145m mixed-use regeneration scheme in partnership with Stockport Council and plans for the next phase will see a new 60,000 sq ft, six-storey office building developed next to existing office One Stockport Exchange.
Wes Erlam, development director at Muse, said: “The first two phases at Stockport Exchange have been a great commercial success, as well as completely transforming the area around the train station into a welcoming and attractive new public space.
“We’re now looking to deliver a further office building, which will bring more jobs to the area and add to the vibrancy of this new commercial quarter.”
Outline planning approval is already in place for the scheme, with a reserved matters planning application submitted for Phase Three.
Start on site is planned for Summer 2018, with completion of Phase Three anticipated in Spring 2020.
Cllr Kate Butler, Cabinet Member for Economy and Regeneration at Stockport Council, said: “The success of Stockport Exchange Phase Two was phenomenal and the buildings were fully let within just six months of completion, with demand for the office building being much higher than it was capable of accommodating. This reflects the natural advantages of Stockport as a location for businesses, with exceptional links to London, Manchester, and the motorway network – alongside ongoing redevelopment of which Stockport Exchange is a part.”
The development at Stockport Exchange is part of a £1 billion investment programme currently underway across Stockport. The scheme will ultimately deliver up to 375,000 sq ft of office space and 28,000 sq ft of commercial floor space.