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Place North West | Partners to access GMCA loan for Stockport Interchange

Neil Tague The joint venture between Cityheart and Rise Homes is in line for a £21.5m cash injection through the Housing Investment Loans Fund to kickstart the 196-apartment project. This is the second time the development venture has gone to the Greater Manchester Combined Authority for funding, having sought a £9.3m equity investment for the Stockport project in June. Approved in 2019, with Cityheart and Rise appointed in March 2020, the development is a private rented sector tower that forms part of the mixed-use Stockport Interchange scheme. The wider Stockport Interchange project features a renewed bus station and a two-acre public park.

Place North West | GMCA lends Renaker £70m for pair of skyscrapers

December 22, 2020 at 10:04 amBy STF Wow talk about dissonance, looks like an alien invasion December 22, 2020 at 10:08 amBy Little Ted I think that cgi fails to show all of the other tall buildings built and planned for that area. The whole area has been planned for tall towers so in the right context these look really interesting. December 22, 2020 at 11:46 amBy Cityscape ‘Neither Collier’s Yard nor Blade contains provision for affordable housing.’ Will the sales include overseas buyers using them as cladded safety deposit boxes? Seems public money used in this way should have more robust ethics. Just a snip of this money invested by GMCA would help homelessness. The economics are myopic.

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