CAPITAL&CENTRIC

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BDC 321 : Oct 2024

CAPITAL&CENTRIC

Capital&Centric set to lead on vision for major new St George’s neighbourhood in Wolverhampton

Capital&Centric set to lead on vision for major new St George’s neighbourhood in Wolverhampton

SOCIAL impact developers Capital&Centric are set to lead on a vision to turn a sprawling brownfield site in Wolverhampton into a creative new neighbourhood. A report – to be considered by City of Wolverhampton Council’s Cabinet next week – recommends Capital&Centric are appointed as part of a pre-development agreement for the former Sainsbury’s supermarket site, to bring the neighbourhood forward. The first step will be to develop a masterplan for the 5-acre St George’s site, with early ideas for a melting pot of homes, community spaces and green streets, with the Grade II listed church repurposed as a community centrepiece. Shops, workspaces and café bars would complete the line-up, adding a vibrant new quarter to Wolverhampton’s city centre, with links to the £61million City Learning Quarter set to open in 2025. If appointed, the developers will work up a detailed vision as to how the strategic site could become a destination district for the people of Wolverhampton, with the potential for over 400 homes. The next stage would then be to consult the community prior to the submission of a planning application. Established in Manchester, Capital&Centric have gone on to deliver on award-winning regeneration projects across the UK, from homes and workspaces, to hotels and leisure destinations. They’ve earned an enviable reputation for their offbeat design, with many of their projects featuring a striking blend of restoration of historic buildings alongside contemporary new builds. Having delivered standout neighbourhoods in Manchester city centre – including Kampus and Piccadilly East – they’re now ploughing on with transformational mixed use communities in spots including Stockport, Sheffield, Stoke-on-Trent and Newcastle-under-Lyme. Everything they do is geared toward delivering social impact through regeneration, whether creating communities of independent businesses, creating skilled new jobs or inspiring young people into careers in regeneration through the not-for-profit ‘Regeneration Brainery’ they established. John Moffat, Joint Managing Director at Capital&Centric, said: “St George’s is a worthy headliner among the line-up of major opportunities in Wolverhampton and fits perfectly with what we’re about … delivering eclectic neighbourhoods that mix the old and new. It has bags of potential and we’re already brimming with ideas of how we could deliver new city centre homes alongside community hangout spaces and loads of much-needed greenery. We can’t wait to write the next chapter for the stunning St George’s church, creating a new centrepiece around which the community will revolve.” St George’s was one of a trio of development opportunities featured in the Wolverhampton Investment Prospectus, launched by the Council at MIPIM earlier this year. The prospectus was aimed at bringing the private and public sector together to unlock growth in the city, delivering more homes, jobs and investment. City of Wolverhampton Council Leader, Councillor Stephen Simkins, said: “Ambitious plans and investment as part of a wider strategy are driving the regeneration of our city centre, The Halls Wolverhampton, our award-winning £150million transport interchange and Grade-A office developments are testament to that. “The St George’s opportunity sits at the heart of this, well connected to commercial and leisure hubs, which is a priority as we transform our city centre to generate jobs, homes and growth. “If the recommendations are approved by Cabinet it will enable the council to develop an outline business case that will establish this site as a new gateway into the city centre. “St George’s can provide an inclusive, safe and sustainable new quarter that will generate new opportunities and jobs, bring underutilised assets back into community use and, importantly, deliver much needed new homes in Wolverhampton city centre, which will bring wider social and economic benefits.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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MANCTOPIA’S CAPITAL&CENTRIC TO DELIVER £50M COMMUNITY IN FARNWORTH TOWN CENTRE

Bolton Council has agreed a deal with social impact developer CAPITAL&CENTRIC – the stars of BBC2 documentary Manctopia – to redevelop the former market precinct in Farnworth town centre. The plans will see the site transformed into a vibrant, mixed-use community based on the developer’s neighbourhood housing concept. It will include over 200 modern homes centred around a new public square for artisan markets, live events and more. The plans also include a new flexible space for community uses and events, with a village hall feel, which could host vintage fairs, art galleries, and pop up gin bars. It will also see a linear park and spaces for café-bars, delis, a mini-cinema, gym and co-working. Located on King Street in the heart of the town centre, the site is a short walk from the train station with easy access into Bolton and Manchester, and on the doorstep of the refurbished bus-station, making it an ideal location for commuters. Tim Heatley, co-founder of CAPITAL&CENTRIC said: “This is about rebooting and modernising the market town. By creating 200 new homes around the square, we’re bringing life, and spending power, back to the town centre, so it’ll have its own ecosystem. We’re looking to attract the region’s best artists, makers and indie operators to set up home here.   “If you jump on a train you can be in Manchester in less than 20 minutes, so we see this rivalling the city centre with the same quality homes but affordable to more people from young professionals to downsizers. All surrounded by an incredible public square, plenty of trees and loads of places to hang out.” Deputy Leader of Bolton Council, Cllr Martyn Cox, added: “It’s great to see such exciting development plans for Farnworth town centre. Capital & Centric have a fantastic track record of not just creating buildings but communities for people to live, work and socialise in, which is what is needed to transform Farnworth town centre and make it more vibrant, attractive for visitors and fit for the future.” Chair of the Farnworth steering group, Cllr Paul Sanders, said: “This is real progress and what we’ve been waiting for. The delivery of the key development proposals in the masterplan is vital for Farnworth and the plans proposed by Capital & Centric are welcomed. Our ambition is to rejuvenate the town centre and bring in new community facilities for our residents. We are looking forward to sharing the plans with Farnworthians, Kearsleyites and our partners.” Bolton Council has purchased the Market Precinct from St Modwen and entered into an agreement with CAPITAL&CENTRIC to progress the long-awaited redevelopment of this major site. CAPITAL&CENTRIC is planning to launch a public consultation on the plans, which are being designed by architects BDP, in the new year. This is CAPITAL&CENTRIC’s first project in Bolton, following other town centre schemes in Stockport and Rochdale being announced earlier this year. The developer is famed for its high quality and bold designs and focus on creating a positive social impact. Farnworth reached the second phase of the Government’s Future High Streets Fund, a multi-million pound pot of cash set up to make high streets fit for the future. ‪ The council submitted a business case in June 2020 and is waiting to hear whether the £19m bid has been successful. The additional funds would help in the delivery of a number of key development projects identified in the Farnworth town centre masterplan. Farnworth is also one of Mayor of Greater Manchester Andy Burnham’s Town Centre challenge areas.

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