Stockport Council are backing a plan for a Stockport town centre housing scheme to convert an 87-space car park in Stockport town centre into a residential development.
The 0.67 acre piece of land, owned by Stockport Council and which once housed the Ritz cinema, lies between Piccadilly and Fletcher Street and is being marketed by CBRE’S Manchester development team.
The site is bound to the north west by Fletcher Street car park. Stockport Village Nursery is located to the east of the site, and a number of commercial buildings and associated car parking are located to the south.
Stockport Council is keen to implement a brownfield development plan reducing the pressure on greenbelt and has earmarked sites with the potential for 3,000 town centre homes as part of its Town Centre Living strategy.
John Dunlop, director in CBRE’s development team, said:
“Stockport Council is promoting the town as the place to live, work, play, connect and invest and its excellent location, coupled with the council’s support, will appeal to developers across the region.”
Cllr Kate Butler, Stockport Council’s cabinet member for economy and regeneration, said:
“Developing a quality residential offer in the heart of our town is central to our vision for Stockport to become a leading town centre living location.
“The council is leading this investment with its partners and this site provides a fantastic opportunity for developers and investors to be a part of Stockport’s bright future.”
Initial bids are to be submitted by close of business on 31 July 2018, with the second stage submission anticipated by 20 September. A final decision will be made by the end of October.