Holiday Inn secured for Stockport Exchange
Muse Developments and Stockport Council have completed an agreement with Intercontinental Hotels Group to deliver a 115-bedroom Holiday Inn Express at Stockport Exchange.
Due to open in 2017, Holiday Inn Express Stockport forms a key part of the second phase of the mixed-use Stockport Exchange development which is currently under construction, creating a new gateway for Stockport town centre.
According to developer Muse, the hotel’s contemporary design will reflect the town’s history, featuring vertical fins which reference the town’s grade two-listed Victorian covered market hall nearby. Amenities will include a bar, restaurant, wifi and meeting facilities.
As well as the hotel, the second phase of work will deliver a new 50,000 sq ft, five-storey office building and pedestrianised public space, which will create an attractive gateway from the train station into the town.
The entire Stockport Exchange development will provide 375,000 sq ft of office space and up to 28,000 sq ft of commercial space.
The first phase of the scheme, a 1,000-space multi-storey car park operated by NCP, was completed last year and is open to the public.
Wes Erlam, development director at Muse, said: “This agreement is a major milestone in the delivery of an exciting new mixed-use business district for Stockport. To have attracted an internationally-renowned hotel brand like Holiday Inn Express is great news for the town and for Stockport Exchange.
“It is important to have complementary amenities as part of the Stockport Exchange scheme. We already have the benefit of the pool and gym next door. The addition of a Holiday Inn Express constructed to the very latest design standards will be a great asset for the scheme, future occupiers and the town as a whole.”
Cushman & Wakefield and CBRE are appointed as joint agents for the scheme.