Work starts on £27m affordable housing scheme for Stockport

Ground breaking at Edward Street

Work has begun on a £26.7m residential scheme providing 131 new homes at Edward Street in Stockport.

The Guinness Partnership and Caddick Construction welcomed Mayor of Greater Manchester, Andy Burnham, and leader of Stockport Council, Cllr Mark Hunter, to mark the start of construction.

The start of construction was celebrated with a ground-breaking event at the town centre site.

This new scheme will provide 63 homes for affordable rent and 68 for social rent and adds to the 12,000 homes managed by The Guinness Partnership in the Greater Manchester area, and its 65,000 homes across England.

The 11-storey development will host a range of amenities, including more than 130 cycle storage spaces, EV charging points and landscaping and public realm improvements, with planting to promote biodiversity. Caddick Construction is due to hand over the completed scheme in summer 2025.

The Edward Street development has been part-funded by Homes England and the Greater Manchester Combined Authority Brownfield Housing Fund.

Caddick’s role as main contractor for the development adds to the business’s extensive residential portfolio in the North West, which will see the business deliver more than £40m of new residential development this year.

Edward Street also adds to Caddick’s work on behalf of The Guinness Partnership, which includes Kiwi Street in Salford and The Hedgerows in Pilsley – a joint venture with other housing associations in the Sheffield City Region.

Andy Burnham said: “There is an urgent need for more genuinely affordable housing and homes for social rent, not just in Stockport but across the city region and around the country.

“That is precisely why our Brownfield Housing Fund is helping to bring forward sites for redevelopment, enabling partners like Caddick and The Guinness Partnership to deliver new homes and support the renewal of our town and city centres, and it’s great to see that in action here at Edward Street.”

Group chief executive of The Guinness Partnership, Catriona Simons, said: “As well as 63 homes for affordable rent, we are pleased to be providing 68 homes for social rent which will help people currently on the housing register. All of the 131 new homes will be energy efficient, with an EPC rating of A or B, meaning they will be warm and affordable homes, as well as places people are proud to live.”

Paul Dodsworth, managing director of Caddick Construction Group, said: “The redevelopment of brownfield land is an extremely valuable way of meeting growing demand for affordable housing, and projects of this nature – particularly those in busy town centre environments – call for a great deal of care.

“Our project team, alongside the expertise of our colleagues in Caddick Civil Engineering, will ensure a high quality project that serves the needs of the local community while causing minimal disruption to our neighbours.

“To date, Caddick has brought a number of Guinness’s fantastic residential schemes to life, and we look forward to continuing our work with our valued client and to building these new homes for the people of Stockport.”

Cllr Mark Hunter said: “This complements our ambitious plans for the town centre, which will see many more new homes created in a vibrant new neighbourhood, for people to call home and benefit from all the amenities of our town.”

Click here to sign up to receive our new South West business news...
Close