Rochdale Riverside: £60 Million Regeneration Scheme Approved for Greater Manchester Town

Rochdale Riverside (Image: David Dixon; urban regeneration: Rochdale Riverside redevelopment)

The past decade has posed increasing challenges for town centres across the UK, as economic instability and a proliferation of online shopping have turned consumers away from the high street. But one market town in Greater Manchester is “bucking the national trend of town centre decline”, according to Gary Davies of the Rochdale Development Agency.

Council planners have green-lighted the first phase of a major £60 million retail development in Rochdale, North West England. The Rochdale Riverside scheme will incorporate around 24 new shops and restaurants in the east of the town centre. Major brands will include Next, Marks and Spencer and Reel Cinemas.

(Image: David Dixon)

The urban renewal programme will be led by Manchester-based Genr8 Developments, who referred to the Rochdale Riverside scheme as the “final element” in the town’s regeneration, the BBC reported.

Council leader Richard Farnell said: “This is yet more progress for this important development, which will bring High Street names that are not currently represented in Rochdale, as well as thriving restaurants and a cinema, which will create a fantastic destination for our residents and visitors.” He added: “It will also boost our local economy by more than £17 million and create around 1,000 jobs.”

Genr8’s Mike Smith said: “We recognise that this scheme will play a significant role in the regeneration of Rochdale and it is therefore imperative that we attract the right mix of occupiers to boost the local economy and establish Rochdale as a key leisure and retail destination.”

Work commences on Rochdale Riverside's £60 million urban regeneration scheme (Image: David Dixon)

Gary Davies, of the Rochdale Development Agency, told the BBC that the “decision is part of a wider regeneration which also includes the way the council has encouraged new retail outlets with discounted business rates – at present 17 out of 20 retail units are occupied in the town centre.”

Phase Two of the £60 million scheme also received a boost when councillors approved outline plans. If the second phase goes ahead, it could potentially add a new hotel, offices, residential and commercial premises. Communities Sajid Javid secretary will now have the final decision on whether the ambitious project goes ahead.

(Image: David Dixon)

Genr8 Developments was founded in November 2007. In addition to Rochdale Riverside, the company has two other exciting regeneration schemes in the works: the Smithfield scheme in Stoke-on-Trent and the Sowerby Bridge project in Halifax.



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