Registered providers and build-to-rent investors are being encouraged to bid for new homes planned as part of the redevelopment of Bury Interchange.
Transport for Greater Manchester (TfGM) has begun searching for a partner to fund and operate a residential scheme next to the interchange, which is being completely rebuilt to create a hub for buses, trams and active travel.
The interchange, which opened in 1980, will undergo redevelopment in two phases. The first, expected to begin later this year, includes a new footbridge with access to the Metrolink stop and improvements to the tram platform and facilities.
This will pave the way for the full redevelopment of the interchange, which, subject to final funding approval, is planned to start from 2028.
Working with the Greater Manchester Combined Authority and Bury Council, TfGM is looking at building housing on the site to support the council’s wider regeneration and housing plans for the town centre.
Early indicative plans are for 70 to 80 apartments in a residential building of up to six storeys, located between the redeveloped interchange and Casewells, the flexi hall currently under construction at Bury Market.
It follows a similar scheme in Stockport, where a £140m transport hub was built two years ago alongside 196 apartments overlooking a rooftop park above the interchange.
TfGM is aiming for Bury Interchange to be the first operationally carbon-neutral transport hub in Greater Manchester. The exact details of the residential scheme have yet to be determined and will be subject to public consultation and planning approval, with prospective funding partners invited to submit proposals through the tender process.
Chris Barnes, infrastructure delivery director at TfGM, said: “The redevelopment of Bury Interchange will transform the way people get to and from the town by creating a modern, high-quality transport hub at its heart.
“It also presents an exciting opportunity to build much-needed housing as part of the plans, contributing towards the wider regeneration of Bury town centre while supporting local and national housing policy by building more homes on accessible brownfield sites.
“We are currently in the process of procuring a partner to help bring this exciting element of the scheme forward.
“We encourage prospective residential funding organisations, who are interested in the project to put forward their proposals in the next few weeks.”
Main image: Aerial view of Bury Interchange with red boundary marking site of proposed residential development and blue boundary marking new interchange. Credit: Google Maps and Hawkins\Brown Architects
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