Planning consent granted for final phases of Stockport Exchange

Following a Stockport Council Planning and Highways Regulation Committee meeting last night (Thursday, 15 August), planning consent has been granted for the next phases of Stockport Exchange.

Stockport Council and development partner Muse, now have the green light to take forward 4 Stockport Exchange, which will comprise 60,000 sq ft of office space with ground floor opportunities available for shops, cafes, bars or restaurants, as well as a fully accessible and landscaped approach to the railway station and new public square.

4 Stockport Exchange has been designed to incorporate very high environmental standards including BREEAM ‘Excellent’ and EPC “A” ratings, as well as WELL Gold accreditation.

The remaining phases will include an additional 185,000 sq ft of Grade A office space and potentially up to 100 residential apartments to be delivered in the final phase of the scheme.

The £145m Stockport Exchange has created a stunning new gateway to the town for visitors arriving at Stockport Station and is minutes from the new transport interchange. Stockport Exchange is central to the £1 billion regeneration programme currently being delivered across the town, with the creation of a brand-new neighbourhood spearheaded by Stockport MDC to create thousands of new homes and amenities also part of the ambitious plans.

Cllr Colin MacAlister, Cabinet Member for Economy and Regeneration at Stockport Council, said: “Stockport Exchange has been a popular choice for a diverse range of businesses and it’s good news that we now have future phases in the pipeline, to attract even more businesses, as well as creating employment opportunities and a range of good quality amenities.

“This latest milestone is a significant achievement with the potential to also provide much needed homes in a highly accessible location.”

Max King, Project Director at Muse, said: “Getting the green light for the next and final phases of development at Stockport Exchange is fantastic news as it’s the last piece in the puzzle for the blossoming business community that we’ve proudly created in the town.

“Still one of the most accessible locations in the North West, Stockport continues to prove popular with growing and established businesses looking for something a bit different that’s outside of Manchester but still highly commutable. Stockport’s wider regeneration and ongoing renaissance is only adding to this, making it a popular hub to work and live in.”

Savills, Manchester, has led the planning process for Stockport Exchange.

Accounting and business advisory firm, HURST, joined 3 Stockport Exchange in April this year, moving its head office to the popular business hub, whilst UK property company, Indurant, formerly known as Industrials, expanded its operation at 2 Stockport Exchange in June. Indurant took the remaining space available on the same floor, a total of 6,243 sq ft, meaning that 2 Stockport Exchange is now fully let.

Stockport Exchange will also soon be complemented by a three court padel tennis facility, as a temporary offering while further phases of the popular business hub are planned. Social Sports Society will bring the world’s fastest-growing sports to Stockport Exchange, subject to planning approval, after the summer.