Located in a key location as part of Transport for Greater Manchester’s new £48 million Bolton Interchange masterplan, the development acts as a gateway building on this prominent town centre site.
Following a land assembly exercise undertaken by Bolton Council a site was created for the construction of the new transport interchange, joining the current rail station with a new bus station and creating a new link with the town centre. The high visible plot was taken to market but failed to attract any bidders due to difficulties with viability for commercial uses.
Linked to a broader project running within the partnership, capital was available to invest in property projects on the basis that they could generate a revenue stream. As a result, it was agreed to develop a new office building which was the first in the centre of Bolton for many years.
The partnership prepared designs and a specification for a new Grade A office building of 28,000sq2 and tendered the construction works. During construction, the site attracted significant interest and a pre-let deal was agreed prior to completion. The building is now let on a long lease to Bolton University who have opened a new business school there.
We are delighted that the University is taking on Bolton Central, which demonstrates the confidence of the market in the town centre. ‘Bolton Central is a key part of the redevelopment of this side of town and is in a prime location, next to the modern new interchange and the refurbishment of Newport Street – an important gateway into the town centre.
Cliff Morris
Councillor, Bolton Metropolitan Borough Council