Building Design Partnership has unveiled a £1bn blueprint to shape and transform the future of Bolton town centre up to 2030.
The masterplan for the council contains proposals to redevelop the town centre by creating 1,800 new homes, 7,400 new jobs and generating economic activity worth an additional £412m over five strategic sites.
Bolton Council announced initial details of the plan in July and the authority has since approved borrowing £100m to kick-start the project. The remainder of the plan will be funded by private sector investors.
The cash pot will be used for a range of priorities including site assembly; getting sites ‘development ready’; public realm, and infrastructure.
It is hoped that work on the first phase of site clearance could start as early as spring 2018.
BDP has identified several key development areas in the town including the Trinity Quarter, Cheadle Square, Crompton Place, Church Wharf and Croal Valley.
Leader of Bolton Council, Cllr Cliff Morris, said: “We now want to get to work as quickly as possible. We are already speaking to a number of developers and partners about delivering the different schemes outlined in the framework.
“Although it is ambitious we are confident that this is an achievable vision that identifies key areas of the town centre, and it will be a game-changer in terms of transforming the centre of Bolton.”
Source: Construction Enquirer
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