Bolton Council has launched the search for a development partner to lead the redevelopment of Crompton Place in the heart of Bolton town centre.
The residential-led mixed-use development will feature a hotel, new office and commercial space.
The council has issued a tender notice using the new competitive flexible procedure under the Procurement Act 2023 and the successful bidder will also be expected to improve public spaces and reintroduce a direct pedestrian route between Victoria Square and Bradshawgate.
Nick Peel, leader of Bolton Council, said: “Crompton Place represents a once-in-a-generation opportunity, and we look forward to welcoming the right development partner to take the transformation of Bolton to the next level. We continue to see the successful delivery of regeneration projects in the town centre and across the wider borough, including Neighbourhood Moor Lane, Deansgate Gardens and the first phase of Church Wharf.
“Having now launched this procurement opportunity on Crompton Place we are sending a clear signal that Bolton means business. We are confident that investment in the site will attract even more developers to other parts of the town centre.”
Adam White, executive director at CBRE, which is advising the council on the scheme, added: “This is another significant step forward to find a best-in-class development partner to deliver a high-quality, inclusive, residential-led mixed-use scheme. The council has a proven track record in securing public sector financial support; and Crompton Place is a vital component of the Greater Manchester Combined Authority’s £10bn investment plan. The council will be procuring its development partner with the support of CBRE, Trowers & Hamlins, and KPMG.”
