The £15 million development scheme for Walkden Town Centre has been given the go ahead.
The £15 million plan, which was approved last week, will see the demolition of approximately 180,000 sq ft of the current retail space within Egerton Walk and Victoria Square.
Most of these spaces that are due to be knocked down have been considered “outdated and no longer meet retailer expectations.”
Relocation of existing tenants will be implemented ahead of the demolition as part of a wider redevelopment programme of the newer section of the centre, which will see 80,000 sq ft of existing space refurbished.
A new façade and entrance will also be created to the centre housing 7,500sq ft of new, modern retail units and landscaped green public realm areas to the front.
The Derwent Group submitted the plans on behalf of The Albert Gubay Charitable Foundation.
Walkden Town Centre has been under the ownership of The Albert Gubay Charitable Foundation for more than 30 years. During this time, it has reportedly invested more than £66 million in both the Centre and Walkden Retail Park.
The Derwent Group previously stated that if the plan is granted, they will look to appoint a contractor in the coming months to start works immediately, with the new frontage being completed by the end of 2025.
Derwent has appointed RGP as architects for the scheme, Savills as planning consultants and Artal as project managers. Barker Proud Love and Graham Sibbald are the retained letting agents.
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