Russell WBHO lands £25m Oldham industrial deal

Grant Prior 2 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

Taylor Wimpey fined £800k after apprentice falls down stairwell

Teenage brickie injured after falling with pile of concrete blocks
41 minutes ago

Construction growth of 0.9% bucks wider shrinking economy

Construction output climbs for third straight month
6 hours ago

Crest Nicholson returns to profit

House builder back in the black after huge fire safety provisions last year
6 hours ago

JN Bentley profit surges as revenue tops £500m

Surging water work and plant investment underpin £19m profit
7 hours ago

Willmott Dixon bags £49m East London business school job

Builder secures second job in a year for Queen Mary University
7 hours ago

Another extension for competition probe into house builders

Spotlight will stay on seven housing giants for another few months
24 hours ago

Strike ballot for 1,500 Sellafield construction workers

36 contractors working on nuclear clean-up could be hit
7 hours ago

WSP to buy Ricardo

Consulting giant to add another 2,700 staff
1 day ago

Infrastructure and major projects boost profits at Vp

Specialist construction, water and transmission sectors are star performers
1 day ago

TClarke jumps to top of M&E firms rankings

Growth in data centres and commercial refits creates optimism for year ahead
1 day ago

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

St Nicholas House to be stripped back and reworked into high-rise homes
1 day ago

Plan to double affordable homes spend at centre of spending review

£39bn will be injected into social housing over 10-years
1 day ago

Lindum lands £44m automation centre contract

Construction to start this summer on Sutton-in-Ashfield site
1 day ago

Esh seals £160m sewer repairs deal with Northumbrian Water

Eight-year deal caps 25-year partnership with Northumbrian
2 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
2 days ago

Plans in for £100m Digbeth regeneration scheme

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

Founder retakes the reins in Reds10 leadership shake-up

Chief exec steps aside as founder returns to steer growth push
2 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
2 days ago

Plans in for 3,000-capacity TraffordCity ice arena

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

Walker Modular wins pods deal at £90m Greystar site

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

Pre-pack deal rescues online building materials firm

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

Russell WBHO lands £25m Oldham industrial deal

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

Laing O’Rourke wins £920m animal health super-lab job

Flagship lab forms centrepiece of £2.8bn DEFRA animal diseases complex rebuild
3 days ago

Scotland eyes £3bn cladding fix as levy targets house builders

Ministers to raise £30m a year from developers to fund building safety blitz
3 days ago

Amey profit jumps 31% as £7.8bn pipeline fuels growth plans

New frameworks, rising margins and global push drive Amey turnaround
3 days ago

Green light for stalled London resi tower

Developer Regal wins approval for 100 Avenue road scheme
3 days ago

Home Office steps-up immigration raids on construction sites

36 arrests made in one site raid
3 days ago

Former Hewlett civils firm fails amid director blame game

£17m turnover CORE Special Projects ceases trading after 10 years
6 days ago

Problem job sinks Mace construction profits

Consultancy arm now making more money than larger construction division
1 week ago

Acciona heads May contracts league with water job

Mace displaces Sir Robert McAlpine at the top of the annualised rankings
6 days ago

Contractor services