The strong economic growth in 19th and
20th century has left a dual legacy.
Firstly the area has the oldest stock of
business premises in the country. |
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Secondly, much of this property is located in
inappropriate areas not suited to modern
business, much of it in inner urban areas,
close to housing.
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Together these mean that the area does not
have the property and land profile to meet
the requirements of the modern economy.
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Clearly there are currently major proposals to
improve the property offer through Kingsway
and Hollinwood. These proposals are
regionally significant and extensive.
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However, the forecast is that on their own they
will not deliver the whole answer in terms of
the scale and type of sites needed to
restructure the economy in the longer term.
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The strategy is to create a hierarchy of quality sites attractive to the market:
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- Tier 1, 2 and 3 strategic locations – e.g. Kingsway, Hareshill Road Heywood, Hollinwood and Oldham Mumps
- Economic corrridor sites
- Town centre employment sites
- Regeneration sites in urban areas
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To assemble and present a portfolio of high quality employment sites and premises.
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ORESA is transforming help to the property
offer by adopting a selection of high quality
sites suitable for the needs on new sectors;
and identifying new sites for the future. It is
actively promote this portfolio to the market.
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It is adding value to existing development and
proposals by ensuring joint action on skills,
training and business support.
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To promote development sites which support public transport infrastructure.
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ORESA is adding value by:
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- Providing the economic input into the Oldham Rochdale Manchester Transport corridor.
- Promoting development sites which support Metrolink as part of its property and land portfolio.
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