Capital&Centric’s Farnworth Green BTR tops out

Captial&Centric mark the major construction milestone - topping out at its Farnworth Green Build to Rent development.

Capital&Centric, Bolton Council, Regeneration Brainery and BTR News celebrated the topping out milestone at Farnworth Green in Greater Manchester | BTR News
Capital&Centric, Bolton Council, Regeneration Brainery and BTR News celebrated the topping out milestone at Farnworth Green in Greater Manchester.

Developer Capital&Centric’s Farnworth Green Build to Rent development tops out. The concrete frame of the main blocks, set to feature design-led rental homes as well as new retail spots, is now complete, with the roof trusses currently being installed. The main contractor for the project is Vermont Construction.

Greater Manchester Mayor Andy Burnham, Bolton Council and BTR News joined the developer on-site yesterday (21 March 2024) to mark the major construction milestone. They were also joined by young people from the not-for-profit organisation – Regeneration Brainery – that aims to diversify young people taking up property careers and creating interest in the sector.

“The topping out ceremony at Farnworth Green has been a great opportunity to reflect on how vital this project will be in breathing new life into the town centre. This fantastic development by Capital & Centric will play a key role in boosting Bolton’s ambitious regeneration plans, creating new homes, commercial and community spaces for people of Farnworth and the surrounding areas.

“The project combines heritage from the 1960’s precinct with a contemporary design, securing the long-term, sustainable future of the development. Vermont is delighted to be working alongside Capital & Centric and GMCA to create this new, vibrant neighbourhood in Farnworth town centre.”

Mark Connor, Chief Executive, Vermont

Capital&Centric’s Farnworth Green project is a re-boot of the outdated precinct into a town centre neighbourhood. The project is being delivered with Bolton Council and the Greater Manchester Combined Authority.

The scheme will include 85 one- and two-bedroom apartments and 12 two- and three-bedroom family homes, alongside 20,000 sq ft of space for bars, cafes and independent stores. A new community hub, public square with green spaces, outdoor community spots ideal for live music and art events, landscaping and pedestrian links will also be created.

“For years our town centres have been a focal point for communities to come together. But, as trends change, we need to invest in revitalising them to ensure they play that role for years to come. It’s brilliant to see the scale of regeneration underway in Farnworth and the project is powering ahead at speed. When done, it will help attract more people to live in the town centre – creating a place where people want to spend time, with shops and a community hub. The struggles of the high street are well documented, but we’re taking a proactive approach to re-position and re-boot town centres across Greater Manchester, whilst very much keeping the community spirit that makes them unique.”

Andy Burnham, Mayor, Greater Manchester

Elsewhere on-site, the steel frame for what will become a community hub is now complete and ready for the roof and brick façade. Meanwhile, construction of family town houses is underway, with timber frames being delivered this month.

The flexible spaces at Farnworth Green range from 500 sq ft to 2,200 sq ft. Spaces are able to accommodate a variety of uses, with the team wanting to create an eclectic but complementary mix of businesses to help boost footfall and create a new chapter for the town centre. 

“Farnworth Green is a transformational regeneration scheme that will make a real difference for local residents. The direct intervention of the council is turning this once underused brownfield site into a vibrant and modern new neighbourhood being delivered by a developer with an outstanding track record. We are very pleased that construction has reached this significant milestone, and together with other projects being delivered across the borough, there is real momentum behind the council’s ongoing regeneration agenda.”

Cllr Akhtar Zaman, Deputy Leader, Bolton Council

Locals will see activity dramatically increase over the next six months, with an increase from 80 to 120 people working on site. Work is set to include the installation of facades and the fitout of the apartments, flexible commercial spaces, and the new community hub. 

“This is a major milestone as we reach the highest point of the development, with activity on site only going to ramp up for the rest of the year. The shape of Farnworth’s town centre is rapidly changing and it’s brilliant to welcome the Mayor and Council onto site, both of whom have been instrumental in making the project a reality. Early commercial interest in the spaces has been super encouraging. We’re determined that the re-boot of Farnworth will not only draw people to live in the town with high-quality homes and new outdoor spaces but will firmly position the town centre as the heart of the local community.”

Scott Mallinson, Development Director, Capital&Centric

The topping out of the development also follows Capital&Centric’s mission to find operators for Farnworth Green, with early expressions of interest encouraging.