Majdiah pushes ahead with £15m Stockport mill conversion
Stockport’s grade two-listed Meadow Mill, located on Water Street close to the Portwood roundabout, is being converted into 213 flats by Saudi Arabia-based developer Majdiah Residence, and is due to complete next May.
The 178,000 sq ft residential-led, mixed-use scheme is part of a £15m renovation of the mill that Majdiah Residence bought in July 2018, from London-based developer William George Homes.
William George Homes had secured consent for a residential development the previous year.
CJ Partnership is the architect for the latest scheme and Peter Rowlinson Planning advised on the application.
The seven-storey mill, which was built in 1880, was originally occupied by T&J Leigh for cotton and wool spinning.
Under Majdiah’s ownership, Meadow Mill has undergone an extensive renovation programme, delivered by the company’s development arm.
The scheme provides a mix of one-, two- and three-bedroom apartments, as well as 24,000 sq ft of leisure and commercial space. A further 2,000 sq ft is allocated for restaurant use.
Stockport property agent Impey & Company has been appointed to market the ground floor commercial space, which has been split into five individual units.
Philip Harrison, investment manager at International Investment Gate, which is acting on behalf of the owner, said: “Meadow Mill is an example of how Stockport’s historic mill buildings can be redesigned to have a bright new future.
“The redevelopment programme will deliver housing for the local community as well as leisure and commercial uses in a prominent location close to the town centre.”
Impey & Company surveyor Johnathan Poole, added: “The renovation of Meadow Mill will deliver a wide range of new uses designed to meet the needs of modern occupiers.”