Stockport asked to ‘join the conversation’ as CAPITAL&CENTRIC launches consultation on iconic Weir Mill
Locals are being asked to give their opinion on the project - which will see the creation of 250 new homes, as well as independent shops and green space.
Social impact developer CAPITAL&CENTRIC has launched consultation on its £60m plans to transform Weir Mill in Stockport into a thriving new mixed-use community.
Local residents are now being asked for their feedback on the proposal – which includes the construction of 250 new homes, modern riverside frontage, spaces for independent traders (such as café-bars, delis or shops) and surrounding courtyards and green spaces.
CAPITAL&CENTRIC announced the regeneration plans in May – hoping to bring a new lease of life to the waterfront with shops open to all members of the public.
Weir Mill began life as a water-powered cotton works in the late 18th century and remains a treasured part of Stockport town centre – with its original water wheelhouse and mill building still standing today.
Adam Higgins, co-founder of CAPITAL&CENTRIC said: “Weir Mill is an enduring icon of Stockport’s industrial past, which even inspired local artist LS Lowry. But many of the buildings are now in a pretty bad state so we have to find a viable long term use for them or risk losing them forever.
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“Our plan is to create a thriving new town centre community, where incredible places to live sit alongside green spaces and amenities looking out across the river.
“This isn’t just going to be a development for the people that live there, we’re creating a quiet space in the town centre where you can grab a coffee and sit by the water surrounded by some of Stockport’s best historic architecture.
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“We want to know what you’d like to see there. This could be café-bars, delis or independent shops but we’re open to ideas. So, join the conversation and tell us what you think!”
COVID-19 restrictions means public meetings aren’t possible. However, CAPITAL&CENTRIC have been engaging with the community by other means including:
Sending a newsletter to nearly 5000 households and businesses in the area with a tear-off questionnaire
Encouraging feedback via phone on 0800 689 1095 or email: [email protected]
Welcoming comments on social media: @CapitalCentric
This first stage of consultation closes on 14 August.
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Feedback will be used to help shape the plans with a further stage of consultation after summer.
A planning application is likely to be submitted to the local council by the end of the year.
Famed for innovative design and ambitious regeneration projects, CAPITAL&CENTRIC has made its first foray into Stockport with Weir Mill – a key part of the Mayoral Development Corporation’s (MDC’s) big plan for the town centre.
The Weir Mill site will sit adjacent to a new £120m transport interchange, being backed by £7m of Housing Infrastructure Fund money from Homes England.
Stockport Council Leader, Councillor Elise Wilson said: “It’s great to see the plans for Weir Mill moving forward and I’d encourage local people to get involved in the consultation.
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“CAPITAL&CENTRIC are known for their focus on creating communities so this is an opportunity for local people to come together with the developer to create something really special.
“Weir Mill will really set the scene for our ambitious plans for Town Centre West and encourage more people to visit and live in the town centre. I look forward to seeing the plans as they develop.”
Lord Bob Kerslake, Chair of the MDC, said the development could “set a new standard for town centre living.”
“It’s vital that we set the bar high and create something that local people can engage with and be proud of,” he added.
“CAPITAL&CENTRIC’s track record of ambitious, high-quality development makes them the ideal developer for this historic site and it’s great to see developers continuing to back Stockport as we look to Build Back Better.”
Learn more about CAPITAL&CENTRIC by visiting their website.
Property
More than 70,000 home buyers set to pay thousands after missing stamp duty relief deadline
Emily Sergeant
More than 70,000 home buyers across England are estimated to have missed the stamp duty relief deadline.
This sadly means they’ll be required to fork out thousands of pounds extra.
In case you hadn’t heard, up until yesterday (31 March 2025), anyone who was moving and had bought a home in the past was not required to pay Stamp Duty Land Tax, better-known as just stamp duty, on the portion of the property price up to £250,000.
But from today (1 April), this threshold has now fallen back to £125,000, which unfortunately means that property purchasers are facing an extra £2,500 in moving costs, on average.
While the end of the stamp duty relief will mostly affect those Greater Manchester buyers who had already previously purchased properties, first time buyers are sadly not exempt from the deadline changes too, as their current stamp duty threshold of £425,000 has now fallen back to £300,000 as of today.
Person holding the keys to a new house in their hand / Credit: Maria Ziegler (via Unsplash)
Given that the average property price for a first time buyer-type home is currently around £227,965, according to Rightmove, the new £300,000 threshold may hit those purchasing properties in more expensive areas – particularly the South East.
A third of those estimated 70,000 home buyers who have missed the deadline are thought to be first time buyers.
Leading property platform Rightmove published an analysis in February into just how much of an impact the end of the stamp duty relief would have on home buyers, all while calling on the UK Government to announce a short extension to the deadline to help people in the middle of the property purchasing process avoid potentially thousands of pounds in extra moving costs.
But despite these calls from industry leaders, there was no extension to the deadline announced in the last week’s latest Spring Statement.
“It’s extremely disappointing that the Government has not used the Spring Statement as an opportunity to extend the impending stamp duty deadline for those currently going through the home-moving process,” commented Rightmove’s property expert Colleen Babcock.
“We estimate over 70,000 people are going to miss the deadline and complete in April instead, and a third of those are first time buyers.”
Featured Image – James Feaver (via Unsplash)
Property
Two Greater Manchester towns have been named in The Sunday Times’ best places to live
Thomas Melia
Esteemed UK newspaper The Sunday Times’ has published its list of the ‘Best places to live in the UK 2025’, and it features two Greater Manchester boroughs.
Us Mancs didn’t need anymore clarification to know that where we live is incredible but we’ll always take it, especially when the compliment is coming from none other than The Sunday Times.
The publication revealed its annual guide of ‘Best places to live 2025’ which featured more than 70 different locations throughout the nation.
Although we may have been pipped to the top spot, Greater Manchester is featured not once, but twice, which is pretty impressive.
Claiming the victory this year is the market town with a name as pretty as its surroundings, Saffron Walden, which is only 15 miles from Cambridge.
The locations were ranked through a number of key categories including transport, house prices, broadband, schools and a new addition, mobile signal.
All the contributors to the full list acknowledge the obvious missing puzzle piece,food, and we know if this was factored in a few more Greater Manchester locations may have nabbed the ‘Best places to live’ honour.
The first Greater Manchester based entry is The Heatons, a hotspot nestled between the city centreand the city of Stockport, which is actually four neighbourhoods – Heaton Chapel, Mersey, Moor and Norris.
These areas are home to living history in the form of the iconic century old Savoy Cinema and lots of open green spaces.
Food may have been missed off The Sunday Times’ list but it certainly didn’t go a miss on ours.
Mossley has been named on The Sunday Times Best Places to Live list. Credit: Instagram, @ariadneexploresThe Heatons also made the list. Credit: Instagram, @fourtheheatons
The second spot which managed to grab the title of ‘Best places to live 2025’ is Mossley, a town packed to the brim with cosy cottages, blissful walks and a close-knit friendly community.
It’s not too far from Dovestone Reservoir and the Peak District National Park – when you’ve got all this greenery on your doorstep you’re bound to be in a good mood.
Our friends over in Leeds at The Hoothave lots to cheer about as Ilkley, Hebden Bridge, Easingwold and Ripon all got a mention.
You can find out the full rundown on all the spots up and down the country that have been selected as part of ‘The Sunday Times’ Best places to live for 2025′ HERE.