The Mayoral Development Corporation is seeking council approval for a project combining affordable homes and a care facility, ahead of entering the detailed design phase.
Split into two parts, the development would provide a 70-bed intermediate care and dementia facility and 67 affordable homes for Shaw Heath.
The new-build care facility has been named the Academy of Living Well and would provide support for people transitioning between hospital and home.
Of the affordable homes, 35 apartments would be developed within three grade two-listed buildings on the site.
An additional two buildings are earmarked for 19 apartments and the remaining 13 affordable homes would be new-build townhouses. The tenure mix would be 80% shared ownership and 20% social rent.
The council acquired the former St Thomas’s hospital, which has been vacant since 2004, from Homes England last December. Since 2004, ownership of the site has changed hands several times and various residential schemes have been tabled but none have been deliverable, according to a report filed by the authority’s director for place management and regeneration.
Stockport’s economy & regeneration scrutiny committee will be asked at Thursday’s meeting to endorse the overall approach on St Thomas’s, and approve its progress towards planning and the appointment of a main contractor.
The site falls within the masterplan for Stockport’s Town Centre West regeneration which outlines plans for 3,500 homes and more than 1m sq ft of mixed employment space, an “urban riverside”, and a series of new and improved public spaces.
The Mayoral Development Corporation was created in September 2019 to lead regeneration in the town, using the Greater Manchester Mayor’s devolved powers. It is the UK’s first such body to focus specifically on town centre development.