Issue details

Stockport Exchange Redevelopment Scheme – Wellington Road South Compulsory Purchase Order

The report relates to the proposed compulsory acquisition of those land interests along the Wellington Road South frontage, required to facilitate the delivery of the later phases of the ‘Stockport Exchange’ development scheme.

With the 1,000 space MSCP (Phase 1) completed and Muse Developments on site as the Council’s preferred development partner constructing the first office and hotel buildings (Phase 2), this report looks forward to future phases of office development progressing down to the Wellington Road South frontage.

Negotiations for the relevant acquisitions on Wellington Road South are taking place, but so far have been unsuccessful and the report seeks authorisation to exercise the Council’s powers of compulsory purchase to acquire outstanding interests, in order to deliver the Masterplan and comprehensive treatment of Stockport Exchange.


Decision type: Key

Reason Key: Disposal or aquisition of land >£500,000;

Decision status: Recommendations Approved

Wards affected: Brinnington & Central;

Notice of proposed decision first published: 02/02/2016

Decision due: 26 Apr 2016 by Executive

Decision due: 21 Dec 2016 by Corporate Director (Place) and Deputy Chief Executive, Deputy Chief Executive

Lead member: Executive Councillor (Support & Governance), Executive Councillor (Thriving Economy)

Lead director:

Department: Place and Regeneration

Contact: Nicola Turner, Services to Place Directorate Email: nicola.turner@stockport.gov.uk Tel: 0161-218-1635 George Perrin, Services to Place Email: george.perrin@stockport.gov.uk Tel: 0161-474-4510.

Consultation process

Scrutiny/Exec

Forward Plan Reference: SG20/ TE11

Equality and/or Environmental Impact Assessment: n/a

Relevant Scrutiny Committee for the purpose of call-in: Environment & Economy

Decisions

Agenda items

Documents

  • Stockport Exchange Redevelopment Scheme – Wellington Road South Compulsory Purchase Order