Capital&Centric hit Farnworth Green milestone

Cranes have appeared in Farnworth as Capital&Centric prepare to reboot the town centre with its Farnworth Green development.

Works at Capital&Centric's Farnworth Green development has hit a progressive milestone | BTR News
Works at Capital&Centric's Farnworth Green development has hit a progressive milestone.

Social impact developer Capital&Centric progress with the Farnworth Green development as cranes can now be seen in the town. The milestone follows the remediation completion of the sprawling site as the concrete frame for the main buildings is starting to rise out the ground with a tower crane in place to aid construction.

New images from the site show the scale of work underway to take down the outdated precinct and deliver Farnworth Green; a new town centre neighbourhood featuring an eclectic mix of family homes, independent retailers, café, bars and green outdoor hangout spaces.

“The scale of change has been rapid over the last six months in Farnworth, the precinct is looking unrecognisable from this time last year. The coming months will see tonnes of activity on site. The skeleton of the new neighbourhood will start to take shape and, for the first time, visitors will get a real feel for what the next chapter for Farnworth has in store. For us, it’s all about ushering in a new era for the town centre, with high-quality rental homes for those that appreciate good design, surrounded by new shops and facilities that draw people into Farnworth. The progress is a testament to what can happen when the private sector works with ambitious, proactive public sector partners like in Bolton and Greater Manchester.”

Tim Heatley, Co-Founder, Capital&Centric

Work on the scheme – backed in part by the Government’s Future High Street Fund, the Greater Manchester Combined Authority’s Brownfield Housing Fund and Bolton Council’s District Centres Fund – started last December. Since then, many of the original buildings have been dismantled, with contractors Vermont Construction appointed for the build.

Once complete, the developer’s £24m Farnworth Green scheme will include 97 Build to Rent homes – a mix of one and two bedroom apartments and two and three bedroom family townhouses.

“Farnworth Green is a perfect example of what our regeneration agenda is achieving right across the borough. By partnering with a developer with an outstanding reputation, we are transforming an underused brownfield site into a vibrant, modern, and exciting new neighbourhood. I am sure Farnworth residents will be delighted to see work progressing well, and the council remains committed to revitalising not just Bolton town centre but our district centres as well.”

Cllr Akhtar Zaman, Deputy Leader, Bolton Council

The Farnworth Green neighbourhood will also include a roof terrace and lounge for residents, co-working spaces, 20,000 sq ft of commercial space for bars, cafes and independent businesses, a ground floor community hub, a new public square, outdoor community spots including an events pavilion, lush landscaping to introduce greenery to the town centre, pedestrian links through the community and safe cycle storage.

Farnworth Green is one of several town centre reboots that Capital&Centric are delivering as part of an ongoing mission to re-imagine Greater Manchester’s district centres – helping draw in a new generation of people to live and work there. Plans are in the works to also transform Wigan’s former civic centre into creative new workspaces, whilst the overhaul of Weir Mill in Stockport is powering ahead.