GMI Construction is making progress on the development of a new Grade A office building in Stockport.

The contractor has began work on the latest phase at Stockport Exchange, the town's new business district.

The new six-storey office building, 2 Stockport Exchange, is being constructed next to the popular 1 Stockport Exchange, as the next stage of the £145 million flagship office scheme.

It is being delivered in partnership between Stockport Council and national urban regeneration and development specialists, Muse Developments.

Stockport Exchange is part of an ambitious regeneration programme that is transforming Stockport town centre.

Greg Ball, development surveyor at Muse Developments, said: "This is yet another significant milestone in the evolution of Stockport Exchange and it's exciting to be celebrating the start of construction on this latest scheme, which will complement the successful previous phases.


"This development will further reinforce Stockport Exchange as South Manchester's new preeminent business location and we're looking forward to seeing construction progress over the coming months."

Councillor Kate Butler, cabinet member for economy and regeneration at Stockport Council, commented: "We're ambitious for Stockport and the continuing development of a new commercial quarter at Stockport Exchange plays a major role in our whole town plan. Stockport Exchange is performing exceptionally well and we fully expect further success will follow with another, highly sought after building of Grade A office space at 2 Stockport Exchange. We're proud of Stockport's progress and our growing reputation for solid economic development; all cementing our position as one of the North West's leading business locations."

Marc Banks, commercial director at GMI Construction Group plc, added: "We're delighted to be continuing our strong relationship with Muse and Stockport Council, and starting work on this major development. This scheme will further enhance Stockport's new central business district and we're pleased to be part of the team creating a new gateway to Stockport town centre."

2 Stockport Exchange is scheduled for completion in February 2020.

Once complete, the wider Stockport Exchange development will deliver up to 375,000 sq ft of office space and 28,000 sq ft of commercial floor space.

(CM/MH)