Capital&Centric starts on £50m Farnworth overhaul
Demolition work to make way for the Bolton town regeneration project has begun, with construction set to begin in spring 2023.
The £50m scheme will see the building of 85 apartments and 12 family homes off King Street in Farnworth’s town centre. There would also be more than 20,000 sq ft of commercial space, a community hub, a public square, and an events pavilion. The BDP-designed plans also feature a linear park.
Developer Capital&Centric is aiming for a 2024 completion for the scheme, which will be known as Farnworth Green.
Financial support for Farnworth Green has come from the government’s Future High Street Fund, Greater Manchester Combined Authority’s Brownfield Housing Fund, and Bolton Council’s District Centres Fund.
Bolton Council granted planning permission for Farnworth Green in April this year.
“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,” said Tim Heatley, co-founder of Capital&Centric.
“It’s all part of bringing quality design and finishes you usually expect from city centres into Greater Manchester’s suburban towns.”
Bolton Council Leader Cllr Martyn Cox said that work at Farnworth was an example of the council’s focus beyond just Bolton’s town centre.
“We want each of our town and district centres to be more vibrant and exciting places to live, work and visit,” Cox said.
“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.”