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Stockport Scheme gets new name

 

The £140 million development will now be called Stockport Exchange giving the North West’s newest business hub and gateway into Stockport, a fresh image.

Wes Erlam, senior development manager at Muse said: “Grand Central has historically been associated with the leisure scheme and the new scheme is focussed on creating a vibrant new destination for businesses and the public. Although we will retain some elements of the retail and leisure components we felt it was appropriate to change the name and create a fresh start for the new scheme.

Continued Wes: “The word Exchange was chosen for many reasons - the fantastic public transport links being the main one.  In addition the name represents a ‘change’ on many levels: a change of use, space, and more importantly a change for Stockport.”

Councillor Iain Roberts, Executive Member for Economic Development and Regeneration at Stockport Council, said: “The area around Stockport train station is transforming into an exciting new commercial and commuter hub. The name ‘Stockport Exchange’ represents this change and also harks back to the area’s rich history, with Exchange Street just around the corner.  It will offer a new vibrant space for people to work, travel, visit and relax, boosting the surrounding area and creating more jobs for local people.”

Located in the heart of Stockport town centre, Stockport Exchange will provide a brand new business district combining high quality office space with excellent retail and leisure facilities including a new hotel and extensive public realm acting as a gateway to Stockport.  Construction of the first phase – a 1,000 space multi storey car park immediately adjacent to the mainline station, is currently under way and will be open and trading by March 2014, further phases are due to be announced in the near future.

CBRE and DTZ are the joint agents for Stockport Exchange.