The council aims to appoint a team of consultants for the 4,000-home Town Centre East Strategic Regeneration Framework by early September.
Town Centre East forms an area bounded by the A6 to the west, the M60 to the north, St Mary’s Way to the east, and Hempshaw Lane to the south, encompassing approximately 280 acres.
The plans for Town Centre East will build on the success of Stockport Mayoral Development Corporation in bringing forward the 130-acre regeneration masterplan for Town Centre West.
In the five years since it was established, the MDC has secured delivery of 1,200 new homes alongside a transport interchange, a new two-acre park and over 170,000 sq ft of Grade A office space.
The plans for Town Centre East represent a doubling of the Council’s housing delivery ambitions for the town centre.
Eamonn Boylan, Interim Chair of Stockport MDC, added: “This latest phase of regeneration will build on the success of Town Centre West, a redevelopment spearheaded by Stockport MDC that has underwritten the town’s upward trajectory in recent years.
“In the five years since our founding, we’ve delivered 1,200 homes with a further 1,500 in the pipeline, attracted £600m of private investment, and opened a brand-new transport interchange and created a brand new two-acre park.
“We welcome the Council’s growing ambition in its plans for Town Centre East, look forward to working with the consultant team developing the SRF, and eagerly await supporting the project as it develops.”
The Council is inviting proposals from teams of experienced consultants by 23rd August, with the successful team to be announced in early September.