DTZ urges Stockport to build central office market

A study by DTZ commissioned by Stockport Council has recommended focusing office development on the town centre to capitalise on demand for central locations from occupiers.

Ken Bishop, director of office agency at DTZ, added: "Stockport's natural advantages offer massive potential for the future. To take full advantage of the opportunities there will be a need for concerted action by the Council to create a successful platform for development. The council have recognised this challenge and are determined to ensure that the necessary initiatives are followed through."

Developer BAM recently completed a £13m, 50,000 sq ft BREEAM 'excellent' office building on the A6. The new £12m civic building on Edward Street is also now on site, expected to open early 2011.

The council has accepted the recommendations and the DTZ study will now form the basis of a strategy for the development of the office market in the town centre.

A number of key priority areas in gateway locations and along the A6 were outlined by DTZ as having excellent development potential. All benefit from good access to the railway station and motorway, as well as proximity to existing office developments and a range of amenities within the town. The study also identified strong office markets elsewhere in the borough, in particular highlighting the successful Cheadle Royal Business Park.

Norman Hudson, service director for regeneration and leisure at Stockport Council, said: "Stockport is an active, ambitious borough and we are keen to build upon and boost our strong offer for the future.

"Our vision for Stockport's office market is a sustainable and vibrant market in Stockport town centre and the outlying districts, which will drive employment in the borough by supporting existing businesses and attracting new ones."

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