Stockport MDC and English Cities Fund to deliver transformative site in Stockport, U.K.

Stockport Mayoral Development (MDC) and the English Cities Fund (ECF) have formed a long-term joint venture to develop an eight-acre site in Stockport town center.

ECF is a strategic joint venture between Muse, Legal & General and Homes England, the government’s housing and regeneration agency.

Stockport MDC and ECF plan to invest more than £250 million ($316 million) to transform the town center site into a new digitally enabled, green and fully walkable neighborhood, which is expected to deliver more than 1,200 new homes alongside retail, leisure and office space. The eight-acre site, known as Stockport 8, is adjacent to two other landmark developments within the Town Centre West masterplan.

The Town Centre West masterplan, for which Stockport MDC is the delivery vehicle, will see the creation of up to 4,000 new homes, 1 million square feet of new employment space, major public transport improvements, new green space and local amenities throughout the n