Decision details

Stockport Interchange (E&R61)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


To approve Stockport Council’s support to the Stockport Interchange scheme.


The Cabinet has considered an update on progress made on the Stockport Interchange scheme since the previous report to the Cabinet in February 2020 and has:-


(1) Agreed to the Council patient equity investment set out in Confidential Appendix Three of this report;


(2) Approved the entry by the Council into a legal structure with GMCA and CityRise to govern the funding, delivery and ongoing management and operation of the residential development;


(3) Delegated authority to the Deputy Chief Executive (Place) in consultation with the Cabinet Member for Economy & Regeneration to enter into all legal documentation required to deliver the project and to take the necessary steps to implement the strategy set out in this report;


(4) Approved the acquisition of the land at Exchange Street on the terms set out in Confidential Appendix Four;


(5) Delegated authority to the Strategic Head of Service (Legal & Democratic Governance) to do all things necessary or incidental to the implementation of the above-mentioned resolutions.


(NOTE: This item included a ‘not for publication’ appendix that had been circulated to members of the Cabinet only).

Alternative options considered:


Interests and Nature of Interests Declared:


Reason Key: Significant expenditure or savings;

Wards Affected: Brinnington & Central;

Equality and/or Environmental Impact Assessment: yes

Decision Reference: CAB321

Declarations or conflicts of Interest: None.

Other reasons / organisations consulted

portfolio holders, CLT, E&R and CRMG

Contact: Paul Richards, Director of Development and Regeneration Email: Tel: 0161-474-2940.

Report author: Robert Goulsbra

Publication date: 01/07/2021

Date of decision: 29/06/2021

Decided at meeting: 29/06/2021 - Cabinet

Effective from: 08/07/2021

Accompanying Documents: