Mill Gate regeneration plan unveiled

1 Dec 2021 02:50
Published by: Scott Callan

BURY Council is set to buy the Mill Gate shopping centre from its private owners as it looks to drive forward a massive regeneration plan for the town centre.

It describes the plan as a "once in a generation" chance to create new housing, employment, retail and hospitality opportunities, along with new health and education facilities.

The 15-acre site is currently owned by InfraRed Capital/HSBC, and the council is exploring setting up a joint venture partnership with developers Bruntwood to deliver the proposed project.

The news comes after the borough won £20million from the government's Levelling Up Fund to build a new flexi-hall on Bury Market and improve the wider area.

A further £45m is expected to be received for a new transport interchange, and the council says the plans will complement Bury's Rock development and will "futureproof" the town centre.

Council leader Eamonn O'Brien said: "These are huge proposals, but an opportunity that we cannot miss."

A council report says the town centre has historically attracted significant investment such as the private sector-led development on The Rock.

However, because of local and wider trends, several major challenges need to be addressed. They include changing retail patterns and Bury's lack of night-time economy.

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