Marketing Stockport – Key Sponsors Meeting9th January 2013

REGENERATING STOCKPORT

Successes & Future Priorities

Eamonn BoylanChief Executive

Stockport Council

Stockport• One of Greater Manchester’s principal towns• Strategic sub-regional location with excellent

access to road, rail and air transport networks• Educated, skilled workforce• Strong business base• High standard of living for many residents• Excellent links between the Council and local

businesses• Major regeneration challenges and development

projects

Stockport Development Objectives• To maximise Stockport’s potential as a

commercial and retail location – one of the strongest of the GM town centres;

• To improve the offer of the town centre as a business, retail and leisure destination and as a place to live;

• To improve the borough’s residential offer and meet increased demand for housing

• To capitalise upon our unique assets – historic environment, connectivity, skills.

• To meet the needs of all our stakeholders to ensure sustainable economic growth

Grand CentralOffice-led scheme next to Stockport train station

Muse Developments as development partner

400,000sq.ft. of commercial floorspace plus hotel, gym, parking and new public realm

Phase 1 now underway – demolition, car park and highway works

ILLUSTRATIVE SCHEME

BridgefieldSMBC working with Merseyway owners, UKAR to deliver complementary leisure-led scheme/evening economy

Outline planning permission granted – potential for phasing and flexibility

Agents actively seeking occupiers

Key project to support town centre offer

140,000 sq.ft. leisure-led scheme: 35,000 sq.ft. cinema with associated hospitality offer (31,000 sq.ft.), 78,000sq.ft. retail, hotel and 252-space car park with enhanced access

ILLUSTRATIVE SCHEME

MarketWork underway to improve quality and diversity of the Market offer

Use of Council property ownerships and potential acquisition to foster and cluster creative industry and specialist retail activity around the Market Place e.g. MMU studios/business incubation

MARKET PLACE, TOWN CENTRE

Portas£100K Portas Pilot awarded for the town centre in May 2012 (plus £100K High Street Innovation Fund grant and match funding from Council)

Town Team established

Focus on grass roots investment mainly in the Market & Underbanks area for projects includingsupport for specialist retail, creative industries and events

LITTLE UNDERBANK, TOWN CENTRE

HousingStrong demand for more housing in Stockport across all types and tenures

147 new homes completed or near completion in the town centre (including Covent Garden Village, Peaches, Royal Oak Brewery).

Schemes under development in Offerton, Heaton Moor, Hazel Grove, Brinnington and Woodford

ROYAL OAK BREWERY HOUSING SCHEME, TOWN CENTRE

WoodfordJoint venture between Avro Heritage Ltd and Harrow Estates

Revised draft of Supplementary Planning Document (SPD) published following consultation

Now outlines 3 development area options which could all be delivered in compliance with development plan policies

Draft currently going through council approvals process

Funding identified, £165m from central government

Stockport, Manchester and Cheshire East Councils jointly delivering the scheme.

Public consultation in late 2012 and early 2013

Construction due 2014-2017

ILLUSTRATIVE SCHEME

ILLUSTRATIVE SCHEME

A6 to Manchester Airport Relief Road

Other key developments

Offerton – new housing, community and retail development

Marple – planning applications for retail and educational facilities

Brinnington – new leisure centre, housing and improved retail

ILLUSTRATIVE SCHEME

Role of the Council• Setting out a clear vision for the future;• Working closely with partners; • Understanding market intelligence to bring forward

deliverable, realistic yet ambitious plans;• Taking an interventionist approach where

necessary;• Prepared to do the work the market might

previously have undertaken;• Pursuing new approaches to funding via GM

investment strategy;• Acknowledging the importance of enabling policies

and services – car parking, licensing, planning, finance and legal;

• Keen to fully understand how we can help business survive and thrive.