Triton starts Chancerygate’s £25m Oldham industrial
Once complete, Broadway Central in Chadderton will provide a total of 110,000 sq ft across eight units.
Chancerygate bought the 6.35-acre site from FO Developments, a joint venture between Oldham Council, Grasscroft Property and Seddon Developments, last year.
Triton Construction, which won the £8.5m contract for the job, has now begun building the £25m project. The scheme features seven units across two terraces ranging from 7,600 sq ft to 18,200 sq ft and one stand-alone unit of 27,000 sq ft.
Broadway Central is scheduled to complete next summer.
The development forms part of the wider Broadway Green project, a 121-acre mixed-use scheme on former agricultural land in the Chadderton and Foxdenton areas of Oldham.
Once complete, Broadway Green will feature up to 700,000 sq ft of employment space, 500 homes and a 25-acre linear park.
“Broadway Central will deliver a high specification, sustainable urban logistics and industrial development to help satisfy the strong demand for this type of accommodation in the North West,” said Chancerygate development manager Andy Farrer.
“The scheme is in a prominent location within the established Broadway Green development, and since receiving planning consent, we have experienced a great deal of interest from prospective occupiers.”
Agents for Broadway Green are Davies Harrison and Avison Young.
Another Magic deal for Oldham. Great to see this scheme come forward.
By Mr Sheds
This scheme had been kicked around for over forty years and is the first significant commercial and mixed use greenfield development in Oldham in that period, which demonstrates why Oldham is so far behind the rest of GM in many ways. Even now, the controlling group on the council try to describe this development as “Regeneration” (the only regeneration bit is the old railway line) as they are terrified about their re-election prospects to admit this is what Oldham desperately needs more of – greenfield housing and industrial development in the right areas.
By More Likely