Muse Developments, a British company and subsidiary of Morgan Sindall Group, has launched a consultation on plans to create a £150m neighbourhood at Church Wharf in Bolton town centre.
Under the project, the underused site alongside the River Croal and between St Peters Way (A666), Bank Street, Manor Street and Folds Road will be transformed.
The regeneration of Church Wharf will create a new area of the town in an attractive riverside setting.
It will include a mix of around 320 homes, including townhouses and apartments, from one-bedroom to four-bedroom units, a new hotel, commercial offices and leisure and retail opportunities, such as a café, convenience store or bar/restaurant.
The regeneration project will also include green, open space with plans to improve the river setting, as well as a new footbridge linking the site to Bank Street.
A walkway through a new ‘river park’ will provide access to the river and encourage people to visit the area.
Church Wharf is part of Bolton Council’s £1bn masterplan to transform the town centre and Muse Developments is working with Bolton Council to regenerate the site.
The new neighbourhood is expected to create up to 290 jobs after the completion of the site and 130 jobs during construction.
The council expects to benefit from an additional £450,000 of business rates each year.
Muse Developments North West development director David Burkinshaw said: “The Church Wharf site is in an ideal location for new homes, within minutes walk of the centre of town.
“The setting alongside the River Croal and with impressive views of the two churches gives Muse the opportunity, working in partnership with Bolton Council, to create something really special that people can be proud of.
“The area has a rich industrial heritage and the development will be designed to balance the desire for modern, high quality architecture with its historic setting. We’re looking at retaining some of the existing buildings and other features.”
Two drop-in consultation events will be held on 25 January and 26 January.
Muse Developments expects to submit a planning application in spring 2019 with a decision from Bolton Council expected in the summer.
The company is also considering setting aside a temporary landscaped area for leisure and events while developing the site.
Image: Church Wharf. Photo: Courtesy of Bolton Council.