Macclesfield cinema and restaurant scheme
Please see the joint media release from Ask Real Estate and Cheshire East Council regarding this scheme and the associated FAQs below:
Why the development is not going ahead
The shift in the food and beverage sector has undermined the viability of the scheme. The developer, Ask, is therefore unable to proceed.
What the council is going to do for the town centre now
The sale of the site will not proceed.
Churchill Way car park will continue to be a car park.
The Council will continue to invest in the town centre, including for e.g. the Shop Front Grant Scheme and upgrading the public realm with the Castle Street scheme coming soon.
We are looking to bring heritage buildings such as the Butter Market and Old Police Station into active commercial uses and continue to support local cultural organisations such as the Museum with their grant funding bid.
The advent of HS2 gives a further boost to confidence in the town centre’s future and we will be engaging with partners, stakeholders and the local MP to ensure we maximise the investment opportunities that it will help to unlock.
Will there be a cinema somewhere else in the town centre
The Council remains committed to diversifying and enhancing the town centre offer, including for families and the evening economy. We will be reviewing options with the aim of developing proposals that reflect Macclesfield’s distinctive characteristics and build on the town’s existing leisure and cultural sectors.
Other plans for the town centre
The private sector is making significant investment in the town centre, including for e.g. the imminent opening of the expanded and improved Grosvenor Centre, the growth of high quality independent units and the growing popularity of the Treacle Market. There is also increasing interest in town centre living that will further boost the local economy.