Works begin at Capital&Centric’s Weir Mill BTR

Capital&Centric’s £60m transformation of Stockport’s Weir Mill Build to Rent scheme is officially underway.

Exterior view of Capital&Centric’s Weir Mill Build to Rent scheme in Stockport | BTR News
Exterior view of Capital&Centric’s Weir Mill Build to Rent scheme in Stockport.

With funding in place from Stockport Council and Stockport Mayoral Development Corporation (MDC), Capital&Centric’s £60m transformation of Stockport’s Weir Mill Build to Rent scheme is officially underway. Main contractor SISK begun prepping the site, paving the way for the construction of over 250 apartments across the restored listed Victorian mill buildings and two neighbouring new-build blocks. It’s anticipated the build period will take around two years.

The neighbourhood will include a variety of amenities, such as outdoor areas and green spaces, indie bars, restaurants, shops and markets. The community will feature:

  • Chestergate and King Street West: a gateway into the town centre with independent shops, cafes, delis and greenery.
  • Water Front: a public space looking out across the River Mersey, providing a place for riverside relaxing and dining in the restored wheel house.
  • Weir Mill East: a mix of homes drawing inspiration from the site’s manufacturing history.
  • Weavers Square: the heart of the scheme and a new destination for Stockport. The old cast iron columns of Weavers Shed are being retained to create a new outdoor space for riverside street markets, live music events and performing arts.
  • West Shed: an indoor space with exposed brick-vaulted arches and cast-iron columns, creating a space for remote working and coffee breaks.
  • West Courtyard: the former working courtyard to the mills. This will be a quieter, more secluded garden space for residents and the general public.
What the historic buildings looks like today | BTR News
What the historic buildings looks like today.

“There’s so much love locally for Weir Mill and it’ll be awesome to see the neighbourhood take shape as we get to work. We’ve been floored by the pent-up anticipation for this project and are determined to do the historic building justice, cementing its place in Stockport’s future.

“It’s heartening to see Stockport finally getting its time in the national spotlight, with a recent nod in the Sunday Times as one of the best places to invest in 2022. Places like Weir Mill will take the town to the next level, acting both as a catalyst for wider investment and a destination neighbourhood in its own right. That’s all thanks to the real collaboration with Stockport Council and the MDC to get key sites like this underway.”

Tim Heatley, Co-Founder, Capital&Centric

The site is a cornerstone project for Stockport MDC’s Town Centre West masterplan; an integral part of the £1bn town-centre-wide transformation. Town Centre West comprises a series of regeneration and development projects – including the nearby Stockport 8 and Stockport Interchange sites – which will bring new jobs, homes, transport infrastructure, leisure and amenities to the town centre.

“It is an exciting time for Stockport. We are seeing substantial change and progress across the 130-acre Town Centre West regeneration district, with Weir Mill the latest in a number of new developments to start on site in recent months. Weir Mill will not only deliver new homes within the town centre, but it will also allow the people of Stockport to enjoy this historic building as it becomes reactivated with spaces for the community.

“We are looking forward to working closely with our partners at Capital&Centric, and to continue demonstrating the strength of public and private sector collaboration.”

Lord Bob Kerslake, Chairman, Stockport MDC
Tim Heatley (Capital&Centric), Cllr Mark Hunter (Leader, Stockport Council), Caroline Simpson (Chief Executive, Stockport Council) and Paul Richards (CEO, Stockport MDC) | BTR News
L-R: Tim Heatley (Capital&Centric), Cllr Mark Hunter (Leader, Stockport Council), Caroline Simpson (Chief Executive, Stockport Council) and Paul Richards (CEO, Stockport MDC).

Capital&Centric’s aim at Weir Mill is to create a riverside-community atmosphere while celebrating the site’s industrial past, with a focus on attracting creative, independent and unique operators to be based there. Delivery of the site will be supported by funding from Homes England’s Housing Infrastructure Fund and the Greater Manchester Combined Authority Brownfield Fund.

“This is a momentous occasion for Stockport as work starts to transform this area of the town centre into a new £60m neighbourhood, providing hundreds of much-needed new homes, as well as vibrant outdoor spaces and even more great leisure facilities for people to visit and enjoy. Confidence from the private sector has never been better, and the fact that we’re attracting renowned developers like Capital&Centric to take this project forward speaks volumes.

“Weir Mill will complement our other ambitious projects in the town centre, such as the new Transport Interchange, Stockport Exchange and improvements to Merseyway. I’m looking forward to seeing plans progress and for this historic building to be brought back to life again.”

Cllr Mark Hunter, Leader of Stockport Council

Capital&Centric’s mission is to deliver communities with a design-led edge, such as the Kampus garden neighbourhood in Manchester and a former cutlery works in Sheffield.