The 30,000m2 ‘gateway’ development, on a 5.7ha site at the north-eastern edge of the town centre, will have eight buildings housing offices, family homes, a multi-screen cinema, car parks, cafes and bars, a 160-bed hotel and 1,500m2 of shops.
Approved by Bolton Council last week, the masterplan was first unveiled last year (AJ online 23.05.07) and is being backed by joint-venture partners Ask Developments and Bluemantle.
Detailed plans, which will include a new riverside walkway alongside the River Croal, are expected to be submitted early next year.
Mark Caldwell, chief executive of Bluemantle, said: 'The grant of planning permission for Church Wharf is an important step in Bolton’s ongoing regeneration.
‘The next challenge will be to see if the public and private sectors can work closely together to overcome the difficulties of today’s market conditions and move towards the first phase of development. It is at times of economic stress that public-sector support for regeneration projects of this nature becomes critical.’