Speaking to Inside Housing’s chief reporter James Riding, our client Stockport Mayoral Development Corporation’s chief executive Paul Richards discusses the town’s recent successes and its newly announced ambitions to build 4,000 homes east of the town centre.
Stockport MDC currently has a pipeline of 1,200 primarily rental homes under construction, with around 22% let at affordable rates. This figure rises to 2,600 when taking into account the wider town centre.
The major schemes in the MDC’s existing Town Centre West masterplan include Stockport 8, a 1,200-home scheme being developed by the English Cities Fund, and Stockport Interchange, which will provide 196 BTR homes built on a 4.5 acre plot around the town’s train and bus station – a model that Greater Manchester’s mayor Andy Burnham wants to see replicated across the metro area.
Stockport is building on the success of these schemes as it looks to appoint consultants for the Town Centre East framework, which covers the “two-thirds of the town centre the MDC hasn’t yet touched”.
Stockport MDC’s city centre regeneration and urban extensions have seen “success in being able to turn round the market perception of Stockport,” Richards said.
Read the full interview in Inside Housing.
