Manchester-based Capital & Centric aims to lodge an application by the end of the year for its £60m redevelopment of the Stockport mill into 254 apartments, following a second round of public consultation.
Under the developer’s proposals, a total of 87 of the one-, two- and three-bedroom apartments would be housed within the existing East Mill and West Mill buildings and a further 167 would be spread across two new-build blocks on the site of Weir Mill in Cheadle Heath.
The scheme, designed by architect BDP, would also feature 24,000 sq ft of commercial space including the West Shed, which could house a bar, restaurant or co-working space.
The development would include a frontage onto the River Mersey, opening up public access to the waterside. Capital & Centric is also proposing to retain the cast iron columns of the Weavers Shed at the mill to create an outdoor riverside venue for street markets, DJ sets and live music events.
Capital & Centric confirmed its purchase of the site from Maryland Securities in May.
Tim Heatley, co-founder of Capital & Centric, said: “We had an incredible response to our first consultation. People really want to see Weir Mill restored and loved the idea of opening it back up for local people to enjoy. We’re looking to create a mini-city ecosystem of cafe bars, delis, co-working spaces, gyms and everything else is between.”
He added: “This is the future of our town centres. Dynamic and progressive towns like Stockport will be full of residents rather than shops. Projects like this take pressure off the Green Belt while breathing new life into historic structures.”
The project is part of the Stockport Mayoral Development Corporation’s plans to regenerate the town. Sitting within the Town Centre West regeneration zone, the Weir Mill site is close to the station and transport hub, which is undergoing a £120m development backed by £7m of Housing Infrastructure Fund money from Homes England.
Stockport Council leader Elise Wilson said: “It’s great to see these ambitious plans for Weir Mill taking shape. This site is important in the regeneration of Town Centre West and the wider town centre.
“Involving the local community is really important so I’d encourage local residents to get involved in this second consultation and have their say on the plans.”
The consultation closes on Wednesday 2 December.