The plans include the construction of a 110-bedroom hotel, 150 homes, a 7,500m² office block, and a mixed-use retail, leisure, dining and events space, dubbed Bolton Works, alongside improved public realm. The completed scheme would be named Bolton Victoria Square.
Nearby, Midia is also involved in a proposed 20-storey residential tower next to Bolton transport interchange, which will also see the construction of a multi-storey car park and a 2,700m² office block.
Steven Turner, Director of Bolton Regeneration, said: “This scheme is the first key step in developing an exciting vision for a refreshed and revitalised Bolton town centre and we are incredibly excited to be driving this forward. The re-purposing of Crompton Shopping Centre will enable the creation of multi-use space that improves the access and pedestrian flows within the town centre.”