Royal London Asset Management in conjunction with Development Managers Industrial Securities has secured consent for the first phase of a one million sq ft mixed-use scheme on the 50-acre former BAE Systems site at Greengate, Chadderton, Oldham.
The first phase of development, due for completion mid November, involves the re-use and refurbishment of the former production complex, to provide a refurbished high bay warehouse of 330,000 sq ft with first floor offices, providing one of the largest industrial/warehouse units currently available in North Manchester.
Work on site commenced in December last year with demolition works and the implementation of new road infrastructure and services. Completion of the first phase is scheduled for this November.
The site in East Manchester is next to the M60, some two miles to the west of Oldham Town Centre.