Rochdale Town Centre Investment Opportunities
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Rochdale town centre Your next investment opportunity Working closely with the council, we have completed a deal worth £80m to fund the delivery of the new retail and leisure development, Rochdale Riverside. ‘Be a part of our This significant investment is a huge boost of confidence for the town and for the scheme, which will play a significant role in the continued regeneration of Rochdale. We believe that the town centre is a really attractive prospect for investors. £400m transformation.’ Mike Smith, partner of Genr8 developments We’ve already invested £250m to change the face of our town centre. Now we’re ready to embark on phase two of our radical transformation programme, which will see us invest a further £150m, and we want investors and developers to be part of our story. We’ve already created a number of exciting new With so much already delivered and so developments, including a sixth form college, much more to come, this is a defining rated outstanding by Ofsted, and a new transport moment for Rochdale town centre. We are interchange and town centre Metrolink stop to Greater Manchester’s biggest opportunity boost our already unrivalled connectivity. and we want you to be part of it. Now we’ve transformed the core town centre area, we’re thinking even bigger. Over the next five years, we intend to bring forward 2,000 high quality new homes in and around Rochdale town centre, redevelop our unique heritage assets to create a stunning public realm, and further improve our retail and leisure offer. Councillor John Blundell Cabinet Member for Regeneration, Business, Skills & Employment at Rochdale Borough Council Rochdale Town Centre - Your next investment opportunity Rochdale Rochdale 5 Leisure Centre The story so far and what’s next Rochdale Riverside Pioneers 9 Number Our £400m investment programme museum One 5 Riverside John Street Town centre Rochdale has already benefitted from Metrolink Transport 9 unprecedented levels of investment, Interchange with a £250m regeneration programme now River Roch 7 almost complete and £150m of investment re-opening 8 still to come. In just seven years, the council Hopwood Hall and it’s partners have created a number of College exciting new developments and the ideal Police springboard for further investment. Station 2 Here’s a snapshot of what we’ve done Sixth Form and what we will be doing next. College 1 6 5 Completed and underway projects Future Development projects St Mary’s Gate • NumberBroadfield One Park Riverside 1 Rochdale Town Hall • New Sixth Form College 2 Town Hall Square improvements • River Roch re-opening 3 Rochdale Railway Station improvements • Hopwood Hall College improvements 4 Greater Manchester Fire Service Museum • Extention to Rochdale Pioneers museum 5 New residential development opportunity areas 4 • New town centre Metrolink extension 6 Drake Street and Heritage Action Zone • New Transport Interchange 7 Rochdale Market • New Leisure Centre 8 Property and public realm improvements • Police Station refurbishment 9 Future development opportunity areas • Rochdale Riverside 3 Rochdale Town Centre - Your next investment opportunity Rochdale Railway Station Rochdale We’re in prime position Rochdale is ideal for both work and play. While businesses love our location in the ROCHDALE north east of Greater Manchester, within TOWN CENTRE Leeds easy reach of major cities like Manchester M62 and Leeds and in the centre of the UK, METROLINK we’re also in the foothills of the Pennines Bury and surrounded by the kind of beautiful M62 TRAIN M627(M) M66 countryside which makes people want to Bolton “Our Drake Street property was empty a year ago. create a home here. Now, it’s filled with a thriving gastro pub, a hairdressers, M60 Oldham M61 seven new apartments and a convenience store. 35 minutes to The council understand things here. As we were the first building owners to develop new residential in Drake Street, Manchester Airport MANCHESTER the market was untested, so the council offered support.” 15 minutes to Richard Ward, Millerbrook Properties Manchester city centre by train M602 CITY 42 minutes to CENTRE Tameside Leeds city centre M62 M60 M67 Sheffield 1 hour to Liverpool Liverpool city centre M60 Trafford Stockport TRAIN M56 AIRPORT Clockwise from top left > Rochdale Riverside shopping and leisure complex | new transport interchange | one of our new bars and restaurants | Greater Manchester Fire Service Museum proposals. Rochdale Town Centre - Your next investment opportunity Why come to Rochdale? It all adds up Our population is young and growing. Our young people benefit from high performing colleges and have easy access to good quality jobs Projects in Manchester city centre, which is just 15 minutes include by train from Rochdale town centre. New new shop front 4 major sites earmarked The town centre is also home to town centre Better schemes, paving market for new homes award-winning buildings, unique connected and lighting heritage assets and a green flag park. schemes 24 new £3m council-supported 4 motorways redevelopment independent and three major 2,000 of Town Hall businesses in junctions straddle new homes Square Rochdale the borough Achieved Town Centre coveted Heritage Town centre £7m Grants invested in Action Zone available to support metrolink stop public realm status - 5 year Retail and new retail and leisure and new transport Residential businesses in last 5 years investment interchange leisure Direct development programme £1.5m Potential £25m £80m access to be public to be invested retail and to the national invested funding in town centre leisure rail network and Heritage heritage in public to bring forward development Manchester 16,000 realm residential sites £16.5m 15 minutes Airport Potential for visitors a year to be by rail to more than to redeveloped invested in Manchester city 3 hectares Rochdale Greater Manchester centre - 6 trains Public Town Hall Fire Service to come forward per hour realm Museum for housing Rochdale Town Centre - Your next investment opportunity What’s next? Our £150m plans Unlocking our heritage assets Creating a first class retail Creating high quality homes to promote town centre living We’ve already secured funding to redevelop and leisure experience our grade 1 listed town hall and turn it into a We’re building a new £80m retail and leisure We’ve earmarked four major sites to major visitor attraction. development, Rochdale Riverside. It will bring deliver around 2,000 homes in and We will be bringing a number of historic buildings 24 shops, restaurants, a cinema and 1,000 jobs, around Rochdale town centre. back into use as new housing and businesses with a GVA of £17m a year. With easy access to major destinations like along one of our key gateway routes, Drake Street, We also offer great incentives to bring new Manchester and Leeds, but more attractive rents, after it was granted Heritage Action Zone status independent businesses. there is a growing demand for housing in the town by Historic England. centre, particularly among young professionals. Our new indoor and outdoor market will We’re also redeveloping the Greater Manchester bring a high quality offer to the town centre. New residents will bring more life into the town Fire Service Museum, with lottery support, centre, increasing demand for new retail, leisure to create a major visitor attraction just five and entertainment opportunities, as well as minutes’ walk from the town centre. pushing up footfall . Transforming our public realm Better connected Whether you’re sitting by our newly re-opened Rochdale town centre is at the heart of the River Roch, admiring our town hall or relaxing national motorway network, and just five in our tranquil memorial gardens, Rochdale minutes’ drive from the M62. boasts some beautiful public spaces which At only 15 minutes on a train from Manchester bring life and people to the town centre. city centre and directly linked to the national rail And we’re going to make it even better. network and Manchester Airport, it’s the ideal We’re already progressing £3m plans to location for doing business, working and living. redesign Town Hall Square and will continue Rochdale train station has benefitted from the our successful shop front scheme as well as addition of a third platform to boost the number of delivering new paving and lighting schemes. trains into Manchester and further improvements Clockwise from top left > to the railway station are on the way. Rochdale Town Hall, the River Roch revealed, Rochdale Riverside development, Rochdale transport interchange, new homes in the town centre. Rochdale Town Centre - Your next investment opportunity Rochdale The time is now We’ve got big plans for Rochdale and we want you to get involved. Come and speak to us about how we can help you realise your next investment opportunity: 01706 927000 [email protected].