Contractor wanted for £8.6m Prudential Building revamp
Oldham Council has put out to tender the main works contract to turn the grade two-listed building into a business incubation hub.
The Prudential Assurance Building sits at 79 Union Street in Oldham’s town centre. The building dates to 1889 and was designed by Alfred Waterhouse, who was also the architect behind Manchester Town Hall.
Oldham Council has been working alongside Buttress Architects to design the repurposing of the historic building. Under these proposals, there would be a series of flexible workspaces geared toward small businesses in the creative, digital, and media fields.
Work required to turn this vision into a reality includes façade restoration, roof replacement, lift restoration, and the creation of a glazed atrium.
Oldham Council estimates the net construction value of the project is £8.6m. The scheme will be funded by a mixture of the authority’s capital funds and its £11m Future High Streets award.
The proposed contract would begin in April 2023 and run through October 2024. Oldham estimates work on site could start by the end of August, pending the completion of the council’s compulsory purchase order to acquire the site.
