Place North West - M60 Towns Development | Summary, slides + pictures

posted 3 May 2016, 06:26 by Rochdale TC   [ updated 3 May 2016, 06:34 ]

John Searle, chief executive of the Rochdale Development Agency, announced Rochdale Riverside as the new name for the £65m town centre leisure scheme, being built in partnership with Genr8 and Kajima. With large-scale retailers Marks & Spencer and Next committed to the project, alongside Reel Cinemas, Searle presented the scheme as providing a critical mass of retail-led activity, set to boost footfall in the town.

Searle also praised the local business rates reduction scheme set up by the council in 2014. The initiative reduces business rates for new businesses into the town by 80% in the first year and 50% in the second year, and Searle said 16 lettings had been agreed in the past year because of it.

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