Specialist contractor Erith has started dismantling a gasholder at Hollinwood Junction, due to host 30 acres of employment and residential space developed by Langtree, with site clearance due to complete next year.
Working with the National Grid, the developer, and Oldham Council, Erith has begun to take down the gasholder to free up land for the £35m development, which includes around 150,000 sq ft of business and employment space.
Construction work has already begun to deliver a £2m petrol filling station on the site of the former Roxy Cinema, with Euro Garages attached as tenant, and Langtree group development director Neal Biddle said there would be further occupiers and phases announced later this year.
Oldham Council is the landowner for the site and in total it will contain a split of 15 acres of residential, including 150 homes, and 15 acres of employment space. In total, it is expected to create around 760 new jobs.
Cllr Sean Fielding, leader of Oldham Council, said: “Hollinwood Junction has already attracted a lot of interest from major brands, which is not surprising due to its excellent location. With work now beginning to clear the site we are a step closer to creating jobs, boosting the local economy and improving the appearance of the area.
“This development underpins our ambition for Oldham. We want to create a credible alternative business location to Manchester City Centre, based upon better value and direct regional transport links.”
Langtree has been advised by Colliers International, JLL, and FDR Law on the Hollinwood site.