As part of our masterplan to redevelop Bolton town centre, we’re excited to announce the proposal of a new £35 million homes development, which could see the creation of 258 apartments and four town houses.
Subject to planning permission, the residential development will also feature unrivalled facilities, including fully equipped gymnasiums, private cinemas, residents’ lounges and a roof terrace.
Bolton-based property development company Forshaw, whose founders have almost half a century of development expertise between them, and are fully behind the council’s £1 billion master plan for the town centre, has proposed these ambitious plans.
Managing director, Lyndon Forshaw, said: “This project will set a new benchmark for high quality residential schemes in Bolton town centre, providing much needed new homes in the heart of Bolton.”
The development is set to be built on land in front of St Georges Road, between Bark Street and Back Bark Street – a site that has been derelict for years but is an important gateway to the town, according to Mr Forshaw. He added, “The site is in need of the regeneration opportunity that this development proposal provides.”
The £1 billion blueprint will see five key areas redeveloped in Bolton town centre, and this particular development sits within the Croal Valley intervention zone.
Bolton Council are working on this exciting project with several investors and developers. Other announcements that have been made so far come from proposals from Bolton Regeneration Limited, who are not only involved with plans to redevelop Crompton Place shopping centre, but also have £48 million plans for Trinity Gateway.
In addition to this, details of Muse Developments’ £150 million project for a new neighbourhood in Church Warf, were revealed last week.
Deputy Leader of Bolton Council, Cllr Ebrahim Adia, said: “This state-of-the-art proposed development is the latest piece in the council’s masterplan jigsaw, and will regenerate another key gateway to the town centre.
“It demonstrates yet more investor confidence in our strategy and, in Bolton’s growing economic position within the city region.
“As well as transforming how the town centre looks, we are committed to adapting to what residents want and that is clearly high-quality homes close to jobs, services and good transport links.
“This development will provide top quality homes and ultimately create more footfall to help shops and businesses nearby.
“It is yet another example of how our strategy to transform the centre of Bolton is really gathering pace.”
Although these plans are subject to planning permission, it is hoped that work will begin towards the end of the year.
Set to be attended by the region’s biggest companies and firms this event will offer an opportunity to network with key influencers from across Greater Manchester before we hear from Bolton Council’s Chief Executive, Tony Oakman on Bolton town centre’s £1bn Town Centre Masterplan including two major schemes set to be launched at the event.
Manchester Freemasons Hall, Manchester
A draft masterplan for Farnworth town centre has been developed and we would like to get your views. The initial concepts have been drawn up by urban regeneration specialists BDP.
14 Brackley Street, Farnworth.