Russell WBHO lands £25m Oldham industrial deal

Grant Prior 6 days ago
Share

Developer Langtree has agreed a funding deal for the next phase of its Hollinwood Junction project in Oldham and signed a £25m construction contract to kick-off building work.

Industrial investor Indurent will fund the scheme which is being delivered in partnership with Oldham Council.

Manchester-based main contractor Russell WBHO has been signed-up to start this month at the site which will deliver 13 high quality industrial units providing a total of 192,000 sq ft of distribution and manufacturing space.

Work on the first phase is expected to last until July 2026.

Josh Downes, executive director – development at Langtree said: “This is a high-quality scheme and we’re pleased to partner with Indurent and Russell WBHO to secure its delivery and provide a timely boost to Oldham’s continued economic growth.

“It is great to return such a blighted brownfield site to productive use and finally be able to share the completion timeline with the market.  It’s a prime site and we expect demand for the units to be high.”

The site is adjacent to Junction 22 of the M60 Motorway, southwest of Oldham town centre, and is a key plank in the local council’s ambitions to attract new employers to the area.

Chris Harper pre-construction director at Russell WBHO said: “This contract builds on our extensive industrial portfolio and our experience in delivering high-quality industrial developments with strong sustainability credentials.  We’ll be implementing materials, construction methods, and operational systems to achieve a BREEAM excellent rating.

“The development will deliver meaningful change for Oldham, and we’re pleased to support that by using a local supply chain to help deliver the project.  We’re mobilising our team now, so the benefits of this commitment start flowing immediately.”

The properties will be accessed by the recently constructed highway roundabout on Albert Street which services the successful Costa drive-through developed by Langtree in an earlier phase, as well as the new Lidl store which is currently under construction.

Latest news

Winners named for £2.6bn NHS SBS Modular 3 framework

Twenty-seven secure spots on health, education and resi framework
2 days ago

Leeds kicks off homes vision for Elland Road regeneration

Council plans to deliver 2,000 homes around United’s revamped stadium
2 days ago

Britcon targets £70m turnover after string of framework wins

Major AMP8 win and regional expansion fuel contractor’s biggest growth push yet
3 days ago

Go-ahead for 37-storey tower at Leeds Merrion Centre

Town Centre Securities to deliver over 1,000 student rooms
3 days ago

Taylor Wimpey fined £800k after apprentice falls down stairwell

Teenage brickie injured after falling with pile of concrete blocks
3 days ago

Green light for life sciences buildings in campus expansion

Construction to start this year on Wellcome Genome Campus in South Cambridgeshire
3 days ago

Morgan Sindall scores £63m twin wins on flagship leisure projects

£36m Southampton and £27m Bishop Auckland jobs get underway
3 days ago

Hill and L&G partner on £450m Coventry city centre revamp

Partners to deliver opening phase of 991-home City Centre South scheme
3 days ago

Graham snaps up sector veteran to lead office fit-outs

Peter Allan most recently held director roles at ISG and Overbury
3 days ago

Construction growth of 0.9% bucks wider shrinking economy

Construction output climbs for third straight month
4 days ago

Crest Nicholson returns to profit

House builder back in the black after huge fire safety provisions last year
4 days ago

JN Bentley profit surges as revenue tops £500m

Surging water work and plant investment underpin £19m profit
4 days ago

Willmott Dixon bags £49m East London business school job

Builder secures second job in a year for Queen Mary University
4 days ago

Another extension for competition probe into house builders

Spotlight will stay on seven housing giants for another few months
4 days ago

Strike ballot for 1,500 Sellafield construction workers

36 contractors working on nuclear clean-up could be hit
4 days ago

WSP to buy Ricardo

Consulting giant to add another 2,700 staff
5 days ago

Infrastructure and major projects boost profits at Vp

Specialist construction, water and transmission sectors are star performers
4 days ago

TClarke jumps to top of M&E firms rankings

Growth in data centres and commercial refits creates optimism for year ahead
5 days ago

JRL plans Sutton 12-storey office to co-living revamp

St Nicholas House to be stripped back and reworked into high-rise homes
5 days ago

Plan to double affordable homes spend at centre of spending review

£39bn will be injected into social housing over 10-years
5 days ago

Lindum lands £44m automation centre contract

Construction to start this summer on Sutton-in-Ashfield site
5 days ago

Esh seals £160m sewer repairs deal with Northumbrian Water

Eight-year deal caps 25-year partnership with Northumbrian
5 days ago

Rolls-Royce wins race to build UK’s first small modular reactor

BAM Nuttall, Laing O’Rourke and Atkins are supporting Rolls-Royce-led consortium
5 days ago

Plans in for £100m Digbeth regeneration scheme

Developer Hartwell plans mixed-use project at former ironworks site
5 days ago

Founder retakes the reins in Reds10 leadership shake-up

Chief exec steps aside as founder returns to steer growth push
6 days ago

Sizewell C powers up as Government commits £14bn funding

Around 70% of contracts for 3,500 British suppliers as construction to gear up
6 days ago

Plans in for 3,000-capacity TraffordCity ice arena

Second ice rink for Trafford as Peel pushes leisure-led regeneration
6 days ago

Walker Modular wins pods deal at £90m Greystar site

Latest package win with McAleer & Rushe on Birmingham student tower
6 days ago

Pre-pack deal rescues online building materials firm

Lords acquires £71m-turnover CMO from administrators for £1.8m
6 days ago

Russell WBHO lands £25m Oldham industrial deal

Next phase of scheme will deliver 13 distribution and manufacturing units
6 days ago

Contractor services