Supermarket giant Sainsbury’s is set to open a new store at Stockport Exchange, taking the first commercial unit at the £145 million scheme.
The new 4,000 sq ft Sainsbury’s Local store will form part of a 50,000 sq ft Grade A office building which is currently under construction opposite Stockport train station.
The five-storey office is part of the second phase at the town’s gateway development.
Urban regeneration specialist Muse Developments is delivering the wider Stockport Exchange regeneration scheme in partnership with Stockport Council.
Alongside the office, this phase of development will deliver a new 115-bed Holiday Inn Express and public space outside the station. The road layout is also being reconfigured to improve access to the station and provide a dedicated drop-off facility.
Wes Erlam, development director at Muse, says: “It’s excellent news that Sainsbury’s has chosen Stockport Exchange for a new convenience store.
“This is a testament to the development’s ideal location next to a busy transport hub, right in the heart of the town’s commercial quarter.
“The new store will add to the amenities available for office workers, hotel guests and commuters and is a key milestone in establishing the scheme as a new place to work and visit, and as a gateway to Stockport town centre and the wider region.”
Councillor Kate Butler, executive member for economy and regeneration at Stockport Council, adds: “I’m delighted to welcome Sainsbury’s to Stockport Exchange. Having them opening as part of the development is great news and the store will be a fantastic addition to the scheme as well as our town centre.”
The new Sainsbury’s Local will open in November 2016 and will create at least 20 jobs for local people.
A Sainsbury’s spokesperson, says: “We are extremely pleased to be opening a new store at Stockport Exchange and look forward to welcoming our first customers later this year.”
Completion of the office is expected in October and the hotel in December 2016.