Aedas-designed Stockport Exchange Phase Two was crowned Winner in the Commercial category and shortlisted in the Regeneration category at RICS Awards 2018, North West.
As a regional winner the scheme will compete to be overall category winner and for the ultimate accolade — Project of the Year 2018 — at the RICS Awards 2018 Grand Final in November 2018.
Located in Stockport’s new Business Centre, the development comprises the first Grade-A, BREEAM Excellent, office to be speculatively developed in Stockport, and a ‘top-10 in Europe’ Holiday Inn Express. Its development has been a commercial and regeneration success setting a new benchmark for quality in South Manchester.
RICS judges said the buildings have rejuvenated a tired and under-used leisure scheme into an attractive and vibrant new commercial quarter.
Since it left the drawing board, Stockport Exchange has proven to be a phenomenal success. The first office building, One Stockport Exchange was fully let within just six months to Stagecoach and musicMagpie, who were looking for the perfect locations from which to grow their business.
Business investment in Stockport is at an all-time high, with deals on over one million square foot of commercial space completed during the past 12 months.
Creating 2,060 new jobs and ensuring another 952 stay in Stockport for the future, the news comes as the town continues to undergo an exciting £1 billion transformation that reinforces its position as a leading business location.
Stockport’s strong investment performance has seen the town placed in the top 10 locations nationally for office occupier investment by “CoStar 50”, as well as the fastest growing economy in the north west in the recent UK Powerhouse report.
The project was masterplanned, designed and delivered by Aedas, developed by Muse Developments and Stockport Council, and constructed by Eric Wright Construction.
Aedas has been working at Stockport Exchange since 2011, designing and delivering all phases of the scheme to date. Phase 3 is due on site in September 2018.
The RICS Awards showcase the most inspirational initiatives and developments in land, real estate, construction and infrastructure.