Decision details

Stockport Exchange Phase 5 (ER&H3)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek authority to progress with the next phase of Stockport Exchange, to authorise funding to prepare and submit planning application and update remaining scheme masterplan.

Decision:

The Cabinet considered the Stockport Exchange Phase 5 relating to funding and a refresh of the Stockport Exchange Masterplan and agreed to:-

 

(1)  Give approval to the Council proceeds with a refresh of the Stockport Exchange Masterplan and design and technical survey work for a hybrid planning application for a c. 65,000 sq. ft Office development in Phase 5 and an outline planning application for phases 6, 7 and 8 Stockport Exchange Masterplan area within the site area shown in Appendix 2.

 

(2)  Delegate authority to the Deputy Chief Executive and Director of Development & Regeneration, in consultation with the Cabinet Member for Economy, Regeneration & Housing and the Cabinet Member for Finance & Resources:

 

(i)            to instruct all professional work required for the design stage and submission or a hybrid planning application up to the value of £876,469 with the costs being shared 50/50 between the Council and Muse.

(ii)          to enter into such documentation as required to document the Council’s financial contribution towards the planning costs on the terms set out in this report;

 

(3) Delegate authority to the Assistant Director (Legal & Democratic Governance) to do all things necessary or incidental to the implementation of the above-mentioned resolutions.

Alternative options considered:

None.

Interests and Nature of Interests Declared:

None.

Reason Key: Significant expenditure or savings;

Wards Affected: Brinnington & Stockport Central;

Equality and/or Environmental Impact Assessment: Equality Impact Assessment N/A Environmental Impact Assessment considered

Decision Reference: CAB407

Declarations or conflicts of Interest: None.

Forward Plan Reference: ER&H3

Other reasons / organisations consulted

Internal departmental consultation finance and legal

Contact: Robert Goulsbra Email: robert.goulsbra@stockport.gov.uk.

Report author: Dawn Arnold

Publication date: 29/06/2023

Date of decision: 27/06/2023

Decided at meeting: 27/06/2023 - Cabinet

Effective from: 06/07/2023

Accompanying Documents: