A £1 billion blueprint to shape and transform the future of Bolton town centre has been formally approved.
The masterplan contains proposals to redevelop the town centre up to 2030 and beyond.
Redevelopment will include creating 1,800 new homes, 7,400 new jobs and generating economic activity worth an additional £412 million over five strategic sites.
The framework was adopted at a meeting of the council’s Cabinet today (September 25).
It comes as Bolton was named the ninth best place in the country for people to live and work in by Glassdoor, one of the world’s largest job sites seeing off competition from the likes of Birmingham, Oxford and Belfast.
Leader of Bolton Council, Cllr Cliff Morris, said the response to the masterplan had been very positive.
He said: “We have been really pleased with the reaction we have had from across the region from our partners, from businesses and most importantly the public.
“Yes, our plan is ambitious, yes it is bold, and yes it is aspirational. We make no apologies for any of this.
“The regeneration of the town centre is already underway with developments like the £27 million Market Place refurbishment and the £48 million Interchange.
“But more change is needed to make the town centre fit for the future and we are going to drive it forward as rapidly as we can.”
On the positive ranking by Glassdoor, Cllr Morris added: “This study confirms what we in Bolton already know - that it is a great town to live and work in.
“Our £1 billion plan for the town centre will facilitate the redevelopment and growth of our town and will help to make Bolton a more desirable town to live and work in.
“To feature so high up on a list ahead of a lot of other large towns and cities speaks volumes.”
The areas identified for improvement in the masterplan are: Trinity Quarter, Cheadle Square, Crompton Place, Church Wharf and Croal Valley.
Bolton Council announced initial details of the plan in July 2017 and the authority has since approved borrowing £100 million to kick-start the project. The remainder of the plan will be funded by private sector investors.
The £100 million 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 – clearance of land in the Trinity Gateway and Church Wharf areas – can start as early as Spring 2018.
The strategy aims to remodel key areas of Bolton town centre with housing - a major proposal within the framework - to attract families, young professionals, older people and students.
Some of the main proposals include:-
• Trinity Quarter – creating a mixed Grade A office and residential development. A new hotel, office block and a multi-storey car park could be built at ‘Trinity Gateway’. The council is already in talks with NCP about the car park. A new pedestrian route through Trinity Quarter is also proposed, anchored by open space via four interlinked squares.
• Cheadle Square – developing housing and apartments on the former bus station site. On Queen Street creating student housing and a mixed used development to complement cultural venues such as the Octagon, Museum and Library, and establishing a pedestrian route between the Town Hall and Le Mans Crescent with Queens Park.
• Crompton Place – the framework envisages transforming the empty BHS store with an upper floor food court overlooking Victoria Square, exploring the possibility to expand Primark and creating a new pedestrian access between Bradshawgate and Hotel Street.
• Church Wharf – Church Wharf would be designated a new town centre ‘quarter’ with a mix of apartments and town houses, as well as a new pedestrian route along the River Croal.
• Croal Valley/Central Street – opening up the River Croal with an improved environment to make it a town centre feature - proposals include building houses and flats which would overlook the improved river frontage. A series of ‘pocket parks’ are proposed along the river.
International design company BDP was the lead consultant on the strategy.
Residents, businesses and visitors can view the masterplan at http://bit.ly/2hgHSnK.