Forshaw joins Bolton residential spree with £35m scheme
Following Muse’s £150m Church Wharf scheme and a proposed 20-storey tower by Midia, Forshaw has put forward plans for a £35m development in the centre of Bolton featuring more than 260 homes.
Forshaw’s proposals are for a site alongside the River Croal fronting St George’s Road and between Bark Street and Back Bark Street, near the Crompton Place shopping centre. Hattrell DS One is the architect.
A planning application is likely to come forward later in the year, and subject to planning permission, Forshaw is aiming to start work towards the end of 2019.
The proposals include 258 apartments and four townhouses, split between a mixed nine-and-six-storey block. There are also plans for amenity spaces including a gym, private cinema rooms, residents’ lounges, and a roof terrace. The scheme has a development value of £35m.
Lyndon Forshaw, the developer’s managing director, said: “As a Bolton-based company, Forshaw are fully behind the council’s ambitious masterplan for the town centre.
“We anticipate this will be the first of several schemes to come forward in coming months and years which will ultimately help to revive the town centre economy.”
Cllr Ebrahim Adia, deputy leader of Bolton Council, added: “This state-of-the-art proposed development is the latest piece in the council’s masterplan jigsaw, and will regenerate another key gateway to the town centre.
“It demonstrates yet more investor confidence in our strategy and in Bolton’s growing economic position within the city region.
“As well as transforming how the town centre looks, we are committed to adapting to what residents want and that is clearly high-quality homes close to jobs, services and good transport links.”
The plans follow earlier proposals by developer Midia for a £45m project next to the railway and bus stations, led by a 20-storey residential tower set to include 150 one and two-bed apartments targeted at young professionals, commuters, and growing families.
Alongside, the developer is proposing a 500-space multi-storey car park and a 30,000 sq ft office block. A planning application is expected for the project in the spring.
Midia is also involved with plans for the Crompton Place Shopping Centre, bought by Bolton Council last year for £14.8m. Working with BCEGI, plans are being worked up for a new retail and leisure development on the site.
Along with Crompton Place, plans are moving forward at Church Wharf, where Muse is the council’s development partner. Working with architect AEW, Muse’s plans feature a residential-led mixed use development including around 320 homes as well as the potential for a hotel, offices, and ground-floor retail and commercial space. There will be a mix of one, two, and three-bed flats along with duplexes and townhouses.