The Regeneration of Macclesfield Resorts to CPO

Date: 18th March 2014
Author: Alex Isles
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Macclesfield Town Centre Regeneration: The Cheshire East Borough Council (Churchill Way, Macclesfield) Compulsory Purchase Order 2014

Roger Hannah & Co are acting on behalf of a number of parties who will be affected by a proposed Compulsory Purchase Order (CPO) to bring forward Macclesfield’s town centre redevelopment.

Cheshire East Council have recently confirmed that they will be submitting a CPO to acquire land required for the £90 million town centre development. The move was described as a “last resort” by the Council in order to acquire the remaining outstanding interests.

The CPO is being underpinned by Wilson Bowden Development’s ambitious 200,000 sq ft mixed use scheme which received planning permission in September 2013. The development is to be anchored by a Debenhams department store and Cineworld complex with a further 19 retail units and 718 space multi-storey car park constructed alongside.

The proposed development site is bound by Great King Street and Exchange Street to the North; Churchill Way and Wardle Street to the South; Mill Street, Duke Street and Park Lane to the East; and Churchill Way to the West.

Commenting on the proposed development Councillor Michael Jones, Leader of Cheshire East Council, said "The Silk Street Scheme is a once-in-a-generation opportunity to radically revitalise and boost the economy of Macclesfield and unlock its potential. It is a key part of the Council's and community partners' plans to regenerate the town's rich silk heritage, creating a cultural quarter. The Council is also developing its ambitious mixed-use scheme for the South Macclesfield Development Area".

If you are a business owner or have a property which is affected by the proposed CPO, it is critical that you appoint a CPO specialist to ensure that you are correctly advised and compensated. Please do not hesitate to contact Roger Hannah & Co who can assist in all CPO matters.

Further information regarding the scheme can be found at:

http://www.macclesfieldredevelopment.co.uk/index.php

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