In January 2011, Stockport Metropolitan Borough Council purchased the complex, citing lack of progress on the redevelopment scheme. It is likely that under local authority ownership the redevelopment scheme will go ahead. In December 2011, Muse Developments were selected as the preferred developers for a revamped £145m scheme containing an office quarter, hotel, larger car park and more public space, and with the exception of the swimming pool and cinema, demolition of the other buildings, including where the nightclubs formerly stood, took place in the spring of 2012 as part of the future plans for the complex. The new multi storey car park opened in February 2014.