Issue - meetings

To consider a report of Cabinet Member for Economy & Regeneration.

(Note: the report contains information ‘not for publication’ in its appendices that have been circulated to cabinet members only)

This report (and the confidential appendices) sets out a strategic approach to the future management and redevelopment of Merseyway Shopping Centre as part of our overall approach to town centre regeneration. 

It proposes an approach to redevelopment that balances risk and delivers meaningful improvements to ensure that Merseyway remains a key retail destination and centre of employment.

The Cabinet is recommended to:

•              Note the progress to date with regard to the Council’s approach to managing Merseyway Shopping Centre;

•              Approve the strategic approach to the regeneration of Merseyway as outlined in the report;

o   Approve in principle, and subject to further feasibility works, a first package of works which comprises:

o   The creation of a Food Court at Arden Walk;

o   The creation of semi-permanent retail and leisure ‘pods’ at suitable points along Merseyway;

o   Design works aimed at ensuring the former Next unit can be let at the earliest opportunity;

o   The property transaction as outlined in the report;

•              Authorise further feasibility work on the packages of work in line with the delegated authority and approved funding as described in the confidential report;

•              With regard to the structural and public realm works described in the confidential report, and subject to further Cabinet and / or Cabinet Member approvals if required, authorise the submission of a business case to Transport for Greater Manchester for Local Growth Fund resources and sign the appropriate delivery agreement;

•              Approve the proposed change to the delegated authority for approving property transaction set out in the confidential report so that responsibility for Estate Management is delegated to the Deputy Chief Executive and Corporate Director for Place Management and Regeneration.

•              Authorise the Corporate Director for Place Management and Regeneration and Borough Treasurer in consultation with the Leader of the Council and Cabinet Member for Economy & Regeneration to take all necessary steps to implement the strategy in this report reporting back as necessary and appropriate to Cabinet.

Officer contact: George Perrin, 0161-474-4510, george.perrin@stockport.gov.uk

The Cabinet Member for Economy & Regeneration submitted a report (copies of which had been circulated) inviting the Cabinet to consider a proposed strategic approach to the future management and redevelopment of Merseyway Shopping Centre as part of the Council’s overall approach to town centre regeneration.

(Note: the report contains information ‘not for publication’ in its appendices that had been circulated to cabinet members only)

RESOLVED – That in relation to Merseyway and Town Centre Regeneration:-

·           the progress to date with regard to the Council’s approach to managing Merseyway Shopping Centre be noted;

·           the strategic approach to the regeneration of Merseyway as outlined in the report be approved;

·           approval be given in principle, and subject to further feasibility works, to a first package of works which comprised:

-       The creation of a Food Court at Arden Walk;

-       The creation of semi-permanent retail and leisure ‘pods’ at suitable points along Merseyway;

-       Design works aimed at ensuring the former Next unit can be let at the earliest opportunity;

-       The property transaction as outlined in the report;

·           authorisation be give to further feasibility work on the packages of work in line with the delegated authority and approved funding as described in the confidential report;

·           with regard to the structural and public realm works described in the confidential report, and subject to further Cabinet and / or Cabinet Member approvals if required, authorisation be give to the submission of a business case to Transport for Greater Manchester for Local Growth Fund resources and the signing of the appropriate delivery agreement;

·           approval be given to the proposed change to the delegated authority for approving property transaction set out in the confidential report so that responsibility for Estate Management is delegated to the Deputy Chief Executive and Corporate Director for Place Management & Regeneration.

·           authorisation be given to the Corporate Director for Place Management & Regeneration and Borough Treasurer in consultation with the Leader of the Council and Cabinet Member for Economy & Regeneration to take all necessary steps to implement the strategy in this report reporting back as necessary and appropriate to Cabinet.

To consider a report of the Corporate Director for Place Management & Regeneration and Borough Treasurer

The report provides an overview for the Scrutiny Committee on the strategic approach that the Council has taken to the current and future role of Merseyway Shopping Centre within the context of the Council’s wider ambition for the town centre.

The Scrutiny Committee is requested to comment on the proposals contained in the report.

Officer Contact: George Perrin on 0161 474 4510 or email: george.perrin@stockport.gov.uk

The Corporate Director for Place Management and Regeneration and the Borough Treasurer submitted a joint report (copies of which had been circulated) providing an overview on the strategic approach that the Council has taken to the current and future role of Merseyway Shopping Centre with the Council’s wider ambition for Stockport Town Centre.

RESOLVED – That the report be noted.