50,000 sq ft office complex launches in Stockport

A new Grade-A office site at the heart of Stockport’s flagship mixed-use development has officially launched.

One Stockport Exchange, forming part of the wider £145m Stockport Exchange scheme, was delivered by developer and urban regeneration firm Muse Developments in partnership with Stockport Council.

The five-storey building comprises 50,000 sq ft of office space across open-plan floorplates of up to 10,850 sq ft.

Negotiations over two floors are now underway, while supermarket chain Sainsbury’s created 20 jobs with an on-site store.

One Stockport Exchange was constructed during the project’s second phase, will also include a new 115-bed Holiday Inn Express and pedestrianised public space serving as a gateway to the town centre.

The area’s road layout has been reconfigured to improve access to the station.

In total, phase two is forecast to generate 450 jobs.

Muse’s development director, Wes Erlam, said: “Stockport Exchange has completely transformed the area next to Stockport train station.

“The new office, Holiday Inn Express, Sainsbury’s Local and new public realm have really brought the area to life, creating a brand new destination in Stockport town centre.

He continued: “There is currently a lack of high-quality, Grade A office space in South Manchester and Stockport, so One Stockport Exchange offers an unrivalled proposition.

“Its location and connectivity are second-to-none, with the West Coast mainline right on its doorstop, an integrated cycle store facility on site and close proximity to the road network and airport.”

Stockport Council’s Executive Member for Economy and Regeneration, Cllr Kate Butler, commented: “As people arrive at Stockport station they can’t fail to be impressed by Stockport Exchange, and we’re incredibly proud of the transformation that is taking place.

“Stockport is already one of the North West’s most successful business locations.”

She added: “The launch of the new office building and business district at Stockport Exchange means more companies can now benefit from the opportunities our town offers, at a time when £1bn is being invested in helping the borough grow and prosper.”

Stockport Exchange is the centrepiece of the council’s £1bn Investing in Stockport investment programme.

Property firms CBRE and Cushman & Wakefield are joint agents for the Aedas RHW-designed scheme.