Crompton Place scheme to help spur other Bolton developments

The demolition of the former shopping centre in the town centre is expected to be completed in 2027.

This will make way for a “mixed use development” made up of flats, offices, businesses, restaurants, as well as a new pedestrian route from the square to Bradshawgate.

This week, more than 200 local business representatives heard speakers explain how they hope the Crompton Place project will help fuel further investment in the town centre.

Federated Hermes regional development director Dan Hyde said:  “Regardless of where you regenerate, I think it’s very important to develop for a place, rather than just in a place.

The panel discussed how Bolton town centre is evolving (Image: Place North West)

“It’s really important to look at local needs, this is going to be a residential-led mix-used scheme that’s going to provide homes, workspace and leisure.

“The connectivity to the rest of Bolton is going to be so important, so that it sets the stage to carry on transforming the town centre and fulfil the council’s ambitions.

“When you take all those factors into consideration, along with the scale and the heritage that’s already in the town, you will tick a box where the people of Bolton will be proud of what we develop.”

More than 200 business representatives attended (Image: Place North West)

Federated Hermes, which previously worked on projects like NOMA in Manchester, Wellington Place in Leeds and Paradise in Birmingham, was chosen as the developer last month.

Mr Hyde was one of several speakers at the “Crompton Place and Beyond: How Bolton Town Centre is Evolving”, which aimed to introduce his company to the borough.

Speaking on the day of the event, Bolton Council Leader Cllr Nick Peel said: “I think it speaks volumes that one of the first things we decided to do as a partnership was to come together and speak directly to the business leaders, employers and investors who know Bolton so well.

Cllr Peel addressing the event (Image: Place North West)

“Today shows that this is a developer that is investing in Bolton, in every sense.”

The event also highlighted other recent town centre development projects, including the Wellspring Innovation Hub, Moor Lane, Deansgate Gardens and the transformation of Church Wharf.

Cllr Peel said: “What were once concepts and plans on a page are now real places delivering tangible benefits for Bolton.

“Homes where families live, places of work where businesses are innovating, and public spaces we can all be proud of.

“This is what we mean when we talk about the regeneration of Bolton, and today it enters an exciting new phase.”