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Bolton approves £1 billion town centre blueprint
A £1 billion blueprint to shape and transform the future of Bolton town centre has been formally approved by the council’s cabinet.
Containing proposals to redevelop the town centre up to 2030 and beyond, redevelopment will create 1,800 new homes, 7,400 new jobs and generate £412 million worth of economic activity over five strategic sites: Trinity Quarter, Cheadle Square, Crompton Place, Church Wharf and Croal Valley.
£100 million, which has been borrowed to kick-start the project, will be used for site assembly, getting sites ‘development ready’, public realm and infrastructure.
Cliff Morris, leader of Bolton Council, said: “We have been really pleased with the reaction we have had from across the region from our partners, from businesses and most importantly the public. Yes, our plan is ambitious, yes it is bold, and yes it is aspirational. We make no apologies for any of this.
“The regeneration of the town centre is already underway with developments like the £27 million Market Place refurbishment and the £48 million Interchange. But more change is needed to make the town centre fit for the future and we are going to drive it forward as rapidly as we can.”
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