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The family-run real estate company, Hall & Co, has been given the green light to regenerate four key locations in Stockport’s popular sub-banks.
An immensely important component of Stockport’s ongoing renewal of the city center, the master plan will help restore the city’s historic heart to its former glory.
The project is Hall & Co’s second in central Stockport following the transformation of the Grade II-listed Bank Chambers into nine top-floor apartments, and its ground floor is now home to Profolk, the city’s first dedicated co-working space that now requires extra space to meet. demand. The ongoing transformation of Underbanks will now be promoted by a multimillion-pound investment from Hall & Co.
The developer has worked closely with the Stockport Council for more than three years to ensure that its proposals reflect the character of the area and sit comfortably with its existing heritage.
The vacant plots will be completely converted into four new buildings. Each will feature unique ground-floor spaces aimed at innovative independent and start-up companies – including co-working space to expand and develop the Profolk brand – and an incubator laboratory that supports start-ups.
The upper levels of each building will provide dual aspect living around private green areas. Each apartment has a conservatory that can serve as a balcony, dining area or home office. One of the buildings is to be developed exclusively for affordable housing.
Shared roof gardens will provide space for communal events, relax or admire the views of the historic rooftops and the views beyond.
Matt Ollier, of Ollier Smurthwaite Architects, said: “The proposals are designed to fit seamlessly into the existing urban grain and recreate the step-by-step townhouses that are unique to the area.”
Andrew Hall, Director at Hall & Co, said: “We have been working tirelessly for three years to obtain this consent, with the co-operation and guidance of the planners, the regeneration team and Historic England.
“We believe that this is an exemplary scheme and will be of the highest standard, which is a tribute to both our internal and professional team. We are proud to be able to deliver this scheme and will continue to take ownership of a further investment of £ 15m. in Stockport, which supports what will be a thriving conservation area. “
Hall & Co has been supported by Ollier Smurthwaite Architects, Broadgrove Planning and Development, Bell Munro Consulting and Paul Butler Associates. Primas Law traded for Hall & Co for the real estate business.
Cllr David Meller, Cabinet member for finance and regeneration at the Stockport Council, said: “Stockport continues to attract private investment from a variety of companies, showing real confidence in our ambitious plans for the city center.
“These new schemes will attract more people to the area, create quality housing and new business premises and increase the overall life of the area. We are committed to bringing this historic area back to life, and with a number of new companies moving to the area, we have done just that.
“The scheme will also expand the already successful Profolk and provide additional, highly coveted flexible collaboration space.”
He added: “These new premises will further complement the revitalized Market Place and Underbanks, the new Transport Interchange, Stockport Exchange and Merseyway, making Stockport a great place to live, work, play and connect.”
The Underbanks continue to grow in popularity, driven by the sensitive restoration of several properties, which is now home to a wide range of independents.