Summer start for £50m Farnworth revamp
Bolton Council has granted Capital&Centric full consent to redevelop the town’s market precinct and deliver 97 apartments and 20,000 sq ft of commercial and leisure space.
The approval of the developer’s reserved matters application follows the grant of outline consent for the Farnworth overhaul in September 2021.
Work on the £50m BDP-designed scheme is due to start this summer.
Capital&Centric’s project comprises:
- 85 one- and two-bedroom apartments
- 12 two- and three-bedroom family houses
- More than 20,000 sq ft of space for bars, cafes and independent stores
- A community hub on the ground floor of one of the proposed buildings
- A new public square
- An events pavilion for art exhibitions, live music and markets.
The development is backed by the government’s Future High Street Fund.
The aim of the Farnworth project is to “usher in a new era of town centre living in Bolton, by bringing a mix of homes with amenities right on the doorstep”, according to Capital&Centric.
“This is not only a game-changer for Farnworth but a blueprint for Greater Manchester towns to adopt,” said Adam Higgins, co-founder of Capital&Centric.
“It was a challenge set for us by Bolton. We knew whatever we did in Farnworth, we had to redefine the future for generations and think long and hard about the design.
“The approved plans have got elements of our Manchester projects Kampus, Ducie St Warehouse and Crusader Mill in there – all with the same incredible architecture and amenities. That’s not easy to deliver when the average house price in Farnworth is around £144,000, but we’ve taken a long-term view of value creation and that’s unlocked the whole project.”
Looks to be a promising addition to the town
By Jeff