Eamar Developments, the Saudi Arabian owner of Stockport’s distinctive Pyramid office building, is to be granted consent for an 18-storey, 98-home scheme on a different site between Piccadilly and Fletcher Street. 

The 22,000 sq ft site, located opposite the 11-storey Regal House apartment block close to St Peter’s Church in Stockport, is currently used as a car park. 

Of the 98 apartments, 43 would have one bedroom, 40 would have two and eight would have three bedrooms.  

There would be 7,500 sq ft of retail space on the ground floor and seven three-bedroom townhouses running along the Fletcher Street side of the site, as well as public realm improvements led by landscape architect Re-Form.   

A report to Stockport Council’s planning committee, which will meet to discuss the proposals on Thursday, said: “The proposed development will make a significant contribution to helping Stockport meet its housing needs at a time of significant under-supply on a sustainable, accessible, brownfield site in the town centre.”

Eamar’s scheme, designed by architect Stephenson Studio, is the latest Saudi Arabian investment in the town. The kingdom’s Majdiah Residence is bringing forward a £15m project to convert the grade two-listed Meadow Mill close to Portwood roundabout into 213 apartments, and work is expected to complete next May.

Eamar, which bought the Pyramid building close to the M60 in Stockport from the Cooperative Bank for £4.5m last year, has assembled a project team that includes heritage consultant Cotswold Archaeology, M&E consultant Dice Consulting and Acoustic Engineer BWB Consulting.

Croft is the transport consultant, Curtins Consulting carried out site investigation, and Delta-Simons consulted on air quality. The energy consultant for the scheme is Couch Perry Wilkes, the tree surveyor is TPM Landscape and Arcaero is the wind engineer.