Construction of One Stockport Exchange, a 50,000 sq ft office next to the town’s train station, has been finished by Eric Wright and the building handed back to developer Muse.
The five-storey office is the first to be built within Muse’s Stockport Exchange regeneration area. The project is in partnership with Stockport Council.
The office offers up to 10,850 sq ft floorplates across four floors. Muse said negotiations with occupiers are progressing over two floors.
Sainsbury’s is fitting out one of the ground floor retail units for a new ‘Local’ store which will open to the public in January.
This second phase of development at Stockport Exchange, which will be completed later this month, will also deliver a new 115-bed Holiday Inn Express and pedestrianised public space outside the train station, creating a new gateway to Stockport town centre. The road layout is also being reconfigured to improve access to the station providing a dedicated drop-off facility as well as the new taxi rank.
Wes Erlam, development director at Muse, said: “Completing the first office is a major milestone in this game-changing development for Stockport.
“Stockport Exchange is truly transforming this part of the town, which is unrecognisable even from a just a few months ago. With Holiday Inn Express and Sainsbury’s due to open in the next two months and attractive new public space nearly finished, it will soon become a thriving commercial district.”
Overall, Stockport Exchange will deliver up to 375,000 sq ft of office space and 28,000 sq ft of commercial floor space. The first phase of the scheme, a 1,000 space multi-storey car park operated by NCP, was completed in 2014.
Cushman & Wakefield and CBRE are joint agents for the scheme and the architect is Aedas RHWL.