South Manchester based Urbanize Homes has been given the go-ahead to develop what will be Stockport’s tallest building.
‘The Place’ will be constructed at Piccadilly and is the latest mixed use project to get the green light as Stockport continues to invest in it’s future, including more town centre living.
The £30m development initially was to consist of 184 apartments across twenty storeys; this was later amended and will now comprise of 164 apartments across 14 storeys, with retail space on the ground floor.
Work is set to commence on the site in April 2019. CPUK, based in Skelmersdale, has been awarded the contract to build, while Cushman & Wakefield and Julian Wadden have been appointed as joint selling agents.
Sal Arya, managing director of Urbanize Homes, said:
“Demand for quality new homes within Greater Manchester has been consistently strong in recent years and we are delighted to have secured planning consent for The Place, without question an immensely positive stride forward for Stockport and the future of the town.
“This is the third and by far the most significant project that we have undertaken within Stockport to date, a town that we have great confidence will continue to develop and prosper over the coming years, a town that has an extremely bright future.”
Earlier tis month is was revealed that Stockport has the fastest growing economy in Greater Manchester and a property hot spot for UK Buy to Let Investors
Julian Cotton, associate in Cushman & Wakefield’s new homes, said:
“In recent years, Stockport has experienced significant redevelopment and investment into a range of projects that deliver jobs within the local community, improvements to local infrastructure, new homes and a significant boost to the local economy.
“The multi-phased regeneration of the town centre has been of fundamental importance upon the growth in desirability of Stockport as a place to both live and work, a platform that has had a transformative effect upon town centre living.”