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PRIVACY
Economic Development

Atom Valley: £570m investment to boost jobs and economy takes step closer

The first phase could see around 9,990 high-quality jobs created, with the wider employment site set to deliver around 20,000 jobs in total

Artist's impression of how the Northern Gateway between Rochdale and Bury could look (Image: Rochdale Council)

A scheme aiming to generate approximately 20,000 jobs and bolster the Greater Manchester economy by £570m has made further progress. People are being invited to share their views on the Northern Gateway plans, which developers say is the most substantial proposed employment development in the city-region.

Situated within the Atom Valley Mayoral Development Zone, the Northern Gateway is set to become a hub for employment, stimulating job creation and investment in the northern boroughs. The sites are next to the M60, M62 and M66 motorways, bridging the Bury and Rochdale border.

The initial phase could potentially create some 9,990 high-quality jobs, with the broader employment site expected to yield about 20,000 jobs in total. It's projected that the £570m economic uplift for Greater Manchester will be supplemented by £20 million in business rates for local councils.

The plans encompass 600,000 sq. m of employment space dedicated to advanced manufacturing, industrial and logistics; 5,000 sq.m of supporting uses possibly including retail, cafés and restaurants, a hotel and office space. There will also be landscaping and green, open space for recreation, as well as active travel routes.

The Northern Gateway Development Vehicle (NGDV), the main proponents of the plan, is a 50/50 partnership between Russell LDP and Harworth Group, reports .

They are preparing to submit a planning application for an early phase of the Northern Gateway employment site, which covers roughly half of the overall proposed floorspace.

A spokesperson for the Northern Gateway Development Vehicle said: "Northern Gateway will be one of the largest, most significant employment destinations in the º£½ÇÊÓÆµ. By creating a hub for innovation it's set to attract national and international businesses and supercharge the Greater Manchester economy.

"The site will deliver opportunities for people living in Bury, Rochdale and beyond with thousands of high-quality jobs and a long-term legacy of skills. Alongside advanced manufacturing jobs, from skilled trades to R&D, AI and robotics, the site could offer high-quality logistics jobs like project managers, IT operatives, sales teams and engineers."