GMI Construction Group plc has been appointed as the main contractor to deliver 2 Stockport Exchange, the next phase of development at the award winning Stockport Exchange business district.
The new 60,000 sq ft six-storey Grade A office, will be constructed next to the popular 1 Stockport Exchange that was fully let within just six months of completion.
Sitting next to Stockport’s mainline rail station, from where businesses can enjoy unrivalled connectivity to London, Manchester and locations across the UK, Stockport Exchange has proven highly successful.
Being delivered by Muse in partnership with Stockport Council, 2 Stockport Exchange is the next stage of work at Stockport’s £145 million flagship office development, creating a commercial hub in the heart of Stockport town centre. The development is part of a £1billion transformation underway across Stockport creating thousands of new opportunities and jobs for businesses and residents.
Greg Ball, development surveyor at Muse Developments, said: “We are pleased to have appointed GMI on the new office building at Stockport Exchange and look forward to working closely with them. Our focus is on delivering high-quality schemes and GMI have demonstrated an impressive track record in the office market.
“Stockport is a natural fit for businesses, thanks in part to its unrivalled rail connectivity to Manchester, the Airport and to London. Following the success of the previous two phases, we are delighted to be starting on the third, which will bring more jobs into the area and add to the vibrancy of this new commercial quarter.”
Councillor Kate Butler, cabinet member for economy and regeneration at Stockport Council said: “The success of Stockport Exchange has been phenomenal and 2 Stockport Exchange will build on this even further, and further set Stockport apart as one of the region’s leading business locations. I’m delighted to welcome GMI Construction to the 2 Stockport Exchange team and look forward to seeing work beginning over the coming weeks.
Marc Banks, commercial director at GMI Construction Group PLC, said: “We are delighted to be awarded this prestigious project and look forward to working in partnership with Muse Developments, Stockport Council and the wider project team, to deliver this excellent scheme in Stockport’s growing commercial hub.”
Work on 2 Stockport Exchange will begin over the coming weeks with the development completing in Spring 2020.
Stockport Exchange will ultimately deliver up to 375,000 sq ft of office space and 28,000 sq ft of commercial floor space.
Cushman & Wakefield and CBRE are appointed as joint agents for the scheme.