Funding secured for forth phase of Stockport Exchange transformation PPP

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Muse Developments and Stockport Council have received consent from council planners to bring forward the fourth phase of the Stockport Exchange PPP project in the UK. 

Phase four of the master plan involves the development of a 64,000 sq ft high-quality office building, along with an innovative 400-space multi-story car park for office occupiers, featuring electric vehicle charging points and a green living wall. The authority has secured GBP4.2 million (US$5.70 million) funding from the government’s Getting Building Fund through Greater Manchester Combined Authority.

Three phases of the project have been successfully delivered at Stockport Exchange, bringing forward a 115-bedroom Holiday Inn Express, a 1,000-space NCP multi-story car park, two office buildings totaling 120,000 sq ft with ground-floor retail. Cushman & Wakefield and CBRE are acting as joint agents for the project.

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