Development Partner for Residential Mixed Use Development within Stockport Town Centre (part of Tran

Descriptions

Stockport Metropolitan Borough Council (SMBC), in conjunction with the Greater Manchester Combined Authority (GMCA) as co-promoters (with Transport for Greater Manchester (TfGM) leading from a delivery perspective) are seeking to identify a prospective development partner relating to the residential development element of the Stockport Interchange Mixed Use scheme. The Stockport Interchange Mixed Use scheme comprises redevelopment of the existing bus station within Stockport town centre, to create a mixed-use development which drives both financial and regeneration benefits from the site. The development partner is required to invest equity investment and secure development funding, assist with design development, and implement residential property and asset management (including lettings and tenants) relating to the residential development element. Following identification of a development partner they will subsequently enter into a Special Purpose Vehicle (SPV) with SMBC and GMCA.