Developer in £11m partnership to convert former mill site into affordable housing

Holt Street site

Wigan-based MCI Developments, a subsidiary of the national top 10 housebuilder, Keepmoat, will partner with Great Places Housing Group to deliver 53 affordable homes at the site of the former Bedford Cotton Mill in Oldham.

The project, which will be part-funded through Greater Manchester Combined Authority’s Brownfield Housing Fund, will regenerate two acres of land near Holt Street, which was acquired for development this month, where MCI Developments and Great Places will invest £11m into the build.

The site will be transformed into a mix of one-, two-, and three-bedroom affordable homes and apartments for delivery through Manchester-based Great Places.

Construction is set to begin in January and all 53 homes will include advanced energy-saving features such as PV panels, EV charging points, advanced insulation, high performance double glazing and modern, efficient boilers.

Craig Murphy, Regional Managing Director at MCI Developments, said: “The partnership is a testament to what MCI does best – we are delivering affordable homes in an area of acute shortfall. To further support our commitment, we are actively seeking more sites to continue that mission.”

Nick Gornall, Director of Development at Great Places, said: “The regeneration of the Holt Street site into 53 affordable homes is a step towards addressing the housing needs in Oldham.

“The development will revitalise a key area in the borough, enhancing the community for current and future residents. We look forward to working together and seeing the positive impact this project will have on the local area.”

Salford City Mayor, Paul Dennett, GMCA’s lead for Housing First, said: “It’s fantastic to see 53 affordable homes being built so close to Oldham town centre.

“Our Brownfield Housing Fund is unlocking many key sites across Greater Manchester and creating communities in areas that have long been in need of regeneration. I look forward to seeing the progress of this development and hope to see many more like them across the city region.”

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