Commercial real estate agents, Knight Frank, are warning of a 'drought' in high quality office supply in Greater Manchester, with high demand not being matched by new construction starts. Data from Knight Frank found there are no new schemes scheduled to start in Manchester city centre, with all … [Read more...]
News for: Property
Housing Secretary increases housebuilding targets for local authorities
Deputy Prime Minister and Housing Secretary, Angela Rayner, has written to Metro Mayors and local authorities from across England calling on them to play their part in building new homes. As part of an overhaul of the planning system, all councils in England are to be given new, mandatory housing … [Read more...]
Stockport Council takes first steps towards Town Centre East regeneration
Stockport Council has begun the procurement process for consultants to produce a Strategic Regeneration Framework (SRF) for the latest phase in its £1 billion regeneration programme. The SRF will provide a masterplan for how the 280 acres of Stockport Town Centre to the East of the A6/Wellington … [Read more...]
Premier Inn plans expansion for Cheadle Royal hotel
Hotel chain, Premier Inn, has submitted plans for an expansion of its site at Cheadle Royal Business Park (pictured) that would add a further 25 rooms to the hotel. A formal planning application was submitted to Stockport Council in June 2024, and proposes the demolition of the hotel's existing … [Read more...]
Stockport moves forward with draft Local Plan
The Local Plan is a legally required document that sets out how guidance for the planning officers and councillors of how land in the borough can be developed to meet local housing targets as well as delineating areas to be preserved, such as green spaces and the Green Belt. Following the … [Read more...]
Cityheart launches Stockport’s newest neighbourhood – Stopford Park
Cityheart has revealed the new name for its 442-apartment scheme on Greek Street and Wellington Road in Stockport. The development, formerly known as Royal George Village, has been rebranded Stopford Park in line with Cityheart’s vision to create a new neighbourhood community and landscaped … [Read more...]
Over 100 apartments planned for former AA offices in Cheadle
Residential developer, Xpercity, has completed the purchase of the former AA offices, Lambert House in Cheadle, with plans to convert the building into over 100 apartments. The developer is proposing an office-to-residential conversion of the 60,000 sq ft Lambert House to deliver Weavers' Yard, a … [Read more...]
Greater Manchester Mayor unveils housing ambitions
Greater Manchester Mayor, Andy Burnham, has outlined proposals to tackle the city-region's housing crisis with plans to build 75,000 new homes by 2029. Alongside housebuilding ambitions, the Mayor is also launching the city-region's Good Landlord Charter which aims to improve standards for … [Read more...]
Consultation launched on extension of Woodford Garden Village
Harrow Estates, part of Redrow Group, has launched a public consultation over emerging plans to extend Woodford Garden Village as part of a comprehensive masterplan. A sustainable mix of around 500 new homes is proposed including a significant portion of affordable homes, family housing, senior … [Read more...]
Stockport Council appoints new Deputy Chief Executive
Paul Richards has been announced as Stockport Council’s new Deputy Chief Executive following the recent promotion of Michael Cullen to Chief Executive. Paul brings a wealth of experience and a proven track record to the role after leading Stockport’s much heralded £1 billion transformation … [Read more...]
Second community conversation launches on updated Stockport 8 masterplan
A second community conversation on the £250 million plans for Stockport 8, a mixed residential neighbourhood to the west of Stockport town centre, has launched. Stockport Mayoral Development Corporation (MDC) and ECF – a joint venture between Homes England, Legal & General and Muse – have … [Read more...]
Prospect of interest rate cuts drives optimism among property investors, finds Handelsbanken
Property investors are cautiously optimistic and focusing on the prospect of interest rate cuts ahead of UK and global political issues, according to a new study by Handelsbanken. The relationship bank's 2024 Property Investor Report, based on exclusive insights from UK property investors with an … [Read more...]
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