Topic Contracts, Projects
Date 26 May 2022
Work is underway in Stockport on the new Stockport Exchange project, where Galliford Try’s Building business is constructing a new office space on behalf of national urban regeneration company, Muse Developments and Stockport Council.
The scheme will see the creation of a new 64,000 sqft building, along with an innovative 399-space multi-storey car park for office occupiers, featuring electric vehicle charging points, solar photovoltaics and a green ‘living’ wall.
Both the council and Muse secured £4.2m of funding from the government’s Getting Building Fund through Greater Manchester Combined Authority, to unlock the site and accelerate this phase of the masterplan. Evergreen funding, secured through GMCA, is also being used to scope options for roof mounted solar PV as part the council’s ambitions for promoting clean growth and its commitment to Stockport’s Climate Action Now Plan.
Stockport Exchange is a £145m programme of place-changing regeneration being delivered collaboratively by Stockport Council and Muse. Since the partnership between Muse and the council began, they have completely transformed the area around Stockport train station, so far bringing forward three successful phases; a 115-bedroom Holiday Inn Express, a 1,000-space NCP multi-story car park, as well as two striking office buildings totalling 120,000 sqft with ground-floor retail, sat within beautifully-landscaped public realm.
Stockport Exchange sits centrally to the council’s Mayoral Development Corporation, its £1bn town centre regeneration and has attracted a number of high-calibre occupiers such as BASF, MusicMagpie and ONP, who all have their UK HQs within the scheme.
Darren Parker, Managing Director for Galliford Try Building North West, commented: “Galliford Try is delighted to be commencing work on Stockport Exchange Phase Four in partnership with Muse Developments and Stockport Council. The commercial office market remains an important sector for our business and our Sustainable Growth Strategy, and we look forward to building on our long-term relationship with Muse by delivering a high-quality regeneration project for Stockport Council.”