5.2 C
Manchester
Thursday, April 24, 2025
GrowthCapital&Centric start Farnworth Green reboot to round off successful year of growth

Capital&Centric start Farnworth Green reboot to round off successful year of growth

WORK to overhaul Farnworth and create an inclusive town centre neighbourhood is officially underway. Social mission developers Capital&Centric have kick-started construction to deliver a design-led community with homes, café bars, shops and green outdoor hangout spaces.

Consented this year by Bolton Council, Capital&Centric’s re-boot – named Farnworth Green – is backed in part by the Government’s Future High Street Fund, the Greater Manchester Combined Authority’s Brownfield Housing Fund and Bolton Council’s District Centres Fund.

It’s all about breathing new life into the 60s precinct site and ushering in a new chapter of town centre living, with family homes alongside spaces for an eclectic mix of independent operators. Initial demolition of the outdated shops is happening first, with construction of the new buildings following early next spring.

The major milestone rounds off a year of sustained growth for the Manchester-based developers, who’ve this year got underway on anchor town centre projects in the likes of Stockport (Weir Mill) and Stoke-on-Trent (Goods Yard).

Tim Heatley, co-founder of Capital&Centric, said:

“Our intention from the off was to design a really liveable town centre in Farnworth, one where new residents can forge a future and existing locals can spend quality time as a community. It’s all part of bringing quality design and finishes you usually expect from city centres into Greater Manchester’s suburban towns.

“That comes with its own challenges, least of all the current economic climate and overcoming rising costs across the board. But with our track record and the continued support from the Council, Combined Authority and Government, we’ll face the challenges head on to deliver something standout for Farnworth.”

Bolton Council’s Executive Cabinet Member for Regeneration, Cllr Adele Warren, said:

“Our commitment to regeneration goes beyond Bolton town centre to delivering projects in districts across the borough.

“We worked closely with local stakeholders to design a Farnworth masterplan that directly address the priorities of the local community.

“I’m sure everyone is excited as we are to see work finally start on Farnworth Green, which together with other projects shows there is real momentum around local regeneration.”

Bolton Council Leader, Cllr Martyn Cox, said:

“We want each of our town and district centres to be more vibrant and exciting places to live, work and visit.

“Farnworth Green is a great example of the council working with the government and a private developer to deliver a project that will have a lasting positive impact on the community and local economy.

“A number of key developments are now underway in Farnworth, and across the borough, as we deliver on our regeneration plans.”

When complete, Farnworth Green will deliver liveable town centre, with spaces that help foster the community coming together, including:

  • Design-led homes: Including 85 one and two bedroom apartments as well as 12 family homes (two and three bedroom) to create a real mix of residents calling Farnworth home
  • Commercial: Over 20,000 sq.ft of space for bars, cafes and independent stores
  • Community hub: A groundfloor community hub, providing a space to meet-up
  • A new public square: Complete with green spaces and places to relax
  • Outdoor community spots: Including an events pavilion, set to support outdoor community events from art and live music to makers markets
  • Greenery: Lush landscaping to introduce greenery to the town centre
  • Accessibility: Pedestrian links through the community and safe cycle storage

Set for completion in 2024 construction is expected to create jobs and apprenticeships for local young people.

News Desk
News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
Latest

Cellcycle and Kerry Logistics Partner to Strengthen Sustainable Battery Supply Chain in the UK

UK-based battery recycling expert Cellcycle, part of the SER Group, has signed a Mutual Cooperation Agreement with Kerry Logistics (UK), a member of the...

FREESMO Rallies to Support Ex-Smokers Ahead of the Disposable Vape Ban with Golden Ticket Campaign

As the UK prepares for the nationwide ban on disposable vapes coming into force on 1st June 2025, FREESMO is stepping up to support...

St George’s Day parade returns to Manchester

The St George's Day Parade, a beloved fixture in Manchester's event calendar for nearly two decades, returns on April 27 with its vibrant celebration...

Police appeal following serious assault in Bramhall

Detectives are seeking the public’s help with enquires after a serious assault took place in a bar in Stockport. Sometime around 12.40am on April 19,...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Street Eat festival returns to Rochdale in June

Street Eat - the food and drink festival that attracts thousands of visitors every year - is returning to Rochdale Town Hall Square for...

Cellcycle and Kerry Logistics Partner to Strengthen Sustainable Battery Supply Chain in the UK

UK-based battery recycling expert Cellcycle, part of the SER Group, has signed a Mutual Cooperation Agreement with Kerry Logistics (UK), a member of the...

Detective convicted of sexual offences is dismissed

Greater Manchester Police have dismissed detective sergeant Richard Mills and barred him from policing at an Accelerated Misconduct Hearing. Mills was sentenced to 18 months...

St George’s Day parade returns to Manchester

The St George's Day Parade, a beloved fixture in Manchester's event calendar for nearly two decades, returns on April 27 with its vibrant celebration...

More News

North West sees marked improvement in skills, according to PwC

Preston is the highest ranking city in the North West, when it comes to the public's assessment of 12 economic measures. The annual Demos-PwC Good...

Why consider a dental implant in Turkey?

Tooth loss is not only an aesthetic concern but can also have a significant impact on overall health and confidence. In Turkey, DentPrime clinic has...

How Brands are Capitalising on a Booming Horse Racing Industry

Horse racing is big business in the UK. In terms of physical attendance, the industry draws millions of enthusiastic fans to race tracks and...