Work starts on £5.7m Hopes Carr scheme

By Bridging Loan Directory -

Construction has begun on the first phase of a £5.7m urban village regeneration project in Stockport according to BusinessDesk.com.

The Hopes Carr scheme is being built on a derelict piece of land to the south of Stockport town centre by Seddon Construction. It has been developed by Seddon’s regeneration arm ID4 Living and has received funding from both the Homes & Communities Agency and Stockport Homes.

Some 46 apartments are being during in the first phase – all of which will be social housing. These have been designed in a five-storey block by architecture firm Bowker Sadler and should be ready for occupation in early 2013.

The Hopes Carr scheme will eventually form part of a village containing over 250 public and private homes, shops and a park branded as Covent Garden Village.

Cllr Kevin Hogg, executive member for regeneration at Stockport Council, said: “It’s great to see this exciting project under way. This marks a milestone in realising the ambitious plans for Covent Garden Urban Village – a vibrant community of family homes.”

Ian Ridgway, development director for ID4 Living, said: “Covent Garden Village is an ambitious residential vision for Stockport town centre. We are delighted to be able to deliver the first of many projects in kick-starting this exciting development.”