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