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Developer chosen for Stockport’s Grand Central regeneration project

By Andrew Little

Stockport’s Grand Central regeneration project is to be presided over by developers in charge of the Manchester Victoria redevelopment.

In an announcement made on Thursday, Stockport Council has been recommended to name Muse Developments Ltd as their partner for the project in their next executive meeting on 16 December.

Matt Crompton, joint managing director of Muse Developments, said: “We are delighted to have been selected by Stockport Council as the proposed development partner on this fantastic scheme and await the executive’s decision.

“Grand Central is a true example of Muse’s approach to development which is based firmly on the principle of working in partnership with visionary authorities, unlocking the potential of strategically located landmark sites.”

Muse have previously presided over successful redevelopment projects in Greater Manchester; including The Anchorage in Salford, The Circus in Manchester and Carlton Lanes in Castleford.

Councillor Dave Goddard, Leader of Stockport Council, said: “We have been through a rigorous, fair and transparent process. The bids from Orbit and Muse both had great merits and I am grateful to both for their work on the submissions.

“The recommendation to the Council’s Executive is that Muse be appointed as the Council’s proposed development partner for this key town centre regeneration scheme, and I believe this will receive strong support from across the Council.”

DLZ property consultants were appointed in May by Stockport Council to find the best developer for this project.

Ken Bishop, Director of DTZ, said: “Following the Competitive Dialogue process we were privileged to have two extremely good proposals from Muse and Orbit.

“This did, however, make the selection of the preferred developer very close but, despite the undoubted merits of Orbit’s scheme, it was concluded that Muse edged the selection due to the overall quality of their scheme.”

The project aims to secure a high quality office quarter an attractive gateway to the town centre while it is anticipated to create around 700 new jobs and attract a further £100 million of private sector investment.

Earlier this week MM told you of the announcement of a £5 million investment into building a 1,420 space multi-story car park next to the train station as part of the regeneration project.

Matthew Kershaw, local policy manager for Stockport at Greater Manchester Chamber of Commerce, said: “We’re pleased that Stockport Council has secured funding to build a new car park next to the station.

“At the moment the area gives a poor first impression of the town, but a new car park is a good start to improving it. A new car park will also encourage more people to use Stockport Station.

“The rail link to London is a great asset for Stockport. From the station Grand Central is the gateway to the centre and its redevelopment is key to the town’s economic regeneration. It was a bold move from the Council to buy Grand Central and this is only the start of improvements to this key asset.”

The grant for the car park was awarded as part of the station improvement fund from Network Rail, the Department for Transport and the Association of Train Operating Companies.

Stockport Council bought the Grand Central leisure and retail complex in January of this year in a bid to boost the economy and create jobs for local people.

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