Capital&Centric slashes resi in Farnworth
A revised application for the £50m mixed-use scheme sees the number of homes cut from 220 to 94.
Capital&Centric lodged outline plans for the redevelopment of the former market precinct on King Street in Farnworth town centre in March but has now significantly reduced the number of homes following ongoing consultation with the public.
According to the developer, local stakeholders expressed a desire to see the addition of some family homes into the project. In response Capital&Centric has tweaked its proposals to include 12 houses.
The biggest change though is the number of apartments, which has been more than halved to just 82.
“We always wanted this to be a vibrant, mixed community that would attract people of all ages, so by reducing the number of apartments and including more houses it will appeal to more families,” Capital&Centric co-founder Tim Heatley said.
“Fewer apartments also means that we’ve been able to reduce the height of the buildings to bring more sunlight into the public square.”
Bolton Council has welcomed the developer’s revised proposals.
“We are pleased that Capital&Centric has listened to local stakeholders and included more family homes in their proposals to create a vibrant mixed-used community in Farnworth,” said Cllr Martyn Cox, deputy leader of Bolton Council.
Bolton Council has welcomed the developer’s revised proposals. Credit: via Font Comms
Last December, Capital&Centric struck a deal with Bolton Council to redevelop the Farnworth site, which the council purchased from regeneration specialist St Modwen in 2019.
The BDP-designed revamp also features 34,000 sq ft of commercial space, a linear park, coworking space, and a community pavilion that will be available to hire for events.
In addition, the developer is looking to create a new public square that could accommodate artisan markets, live events, art galleries and food pop-ups. A flexible indoor space for community uses is also proposed.
The project will be supported by a £13m award from the government’s Future High Street Fund.
- Farnworth was awarded £13m from the Government’s Future High Streets Fund to help transform the town centre. Credit: via Font Comms
- Credit: via Font Comms
I believe this is a good move for this site which I’m familiar with – a mixture of family houses and apartments makes for a truly mixed tenure scheme, along with the sunlight on the square aspect. More quality from C&C.
By Steve W