William Eichler 20 January 2020

Council prepares to approve £306m investment strategy

Council prepares to approve £306m investment strategy image

A multi-million pound investment strategy that will see the delivery of 2,000 new homes is set to be approved by Oldham Council.

The council estimates that ‘Creating a Better Place’ will unlock £306m of investment across Oldham by building more than 2,000 new homes in the town centre, 1,000 new jobs and 100 apprenticeship opportunities.

‘Since becoming leader of the council I have listened to what residents are saying about the future of the borough and I have undertaken a detailed review of the evidence,’ said leader of the council Sean Fielding.

‘I believe that this refocus of our plans will be revolutionary for Oldham, bringing jobs, homes and investment into our town centre and will help to create a better place to work, live and visit.

‘Oldham Town Centre is at the heart of our borough and the potential to create lasting change is immense. Together, we can create a better place to secure the future of our town centre and ensure it thrives.’

The strategy will build on Oldham’s recent town centre regeneration projects, including the redevelopment of the Old Town Hall, improved connectivity via Metrolink, and the redevelopment of Oldham Leisure Centre and Parliament Square.

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