Commenting on the investment deal with Lote Greg Ball, development director, Cityheart said: “We’re making incredible progress on the first two buildings which will result in the fulfillment of both Build to Rent and open market sales later this year.

“Torkington will set a new benchmark in Build to Rent residential living in Stockport and Bosden will provide superb homes for sale in the heart of this thriving town. Stopford Park is a going to be an exciting new community, a place for people to live, work and socialise and we’re delighted to have secured this level of investment with Lote Global Investments and are pleased to be making such swift progress with our construction teams.”

Oak Construction Projects is building Bosden, the 62-unit open market element of Stopford Park and sales will launch in Autumn 2025. Contractor Headoffice3 is underway with Torkington which will include 122 1- and 2-bedroom  BTR apartments with a roof top terrace and residents’ lounge.

The third residential building Lyme, a 16-storey building comprising 258 apartments, will come forward next completing the residential elements for this new neighbourhood community.

This Autumn work will start on the transformation of the former Metropolitan Girls’ School on Greek Street into a collaborative flexible workspace called Cheers & Smith. The development will see the listed building, which has over 100 years of heritage, brought back to life to breathe new energy into the towns’ workspaces, supporting local businesses, creators and communities.

Torkington is set to complete in Autum 2026. The first homes at Bosden will be available to reserve off plan from in early Autumn 2025.