Medical school could get £ 20million boost if funding offer is successful

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Bolton could receive a cash injection of £ 36million if two financing offers are successful.

The town hall submitted two bids in the first round of the Government Upgrade Fund.

One of the offers is for £ 20million, which would be used to build the state-of-the-art Bolton College of Medical Science (BCMS).

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Led by the University of Bolton, the Bolton Council, Bolton College and the Bolton NHS Foundation Trust, the college will aim to create more than 20,000 learnings over its lifetime and help train 60,000 healthcare professionals.

BCMS will be based at the Royal Bolton Hospital and is expected to open in 2023.

An additional £ 16.2million would be used for the demolition and redevelopment of the west side of Crompton Place shopping center in Victoria Square.

The site will eventually be transformed into a hotel with 110 rooms, 150 apartments, offices and a mixed-use retail, leisure and catering space.



Computer generated images of plans for a new development at the Crompton Place shopping center site in Bolton

Both offers were backed by Bolton MPs Mark Logan and Yasmin Qureshi.

Bolton Deputy Head of Council Councilor Martyn Cox said: “These offers highlight the council’s priorities and vision for the borough, attracting top employers to the city center and training new new generations of health professionals.

“If successful, they will create new jobs in the area and boost our local economy by creating additional demand for retail, hospitality and leisure services.

“Bolton has already successfully applied for grants from the Towns Fund and the Future High Streets Fund. We will continue to seize every opportunity to secure additional funding for projects across the borough.

“We are currently reviewing a number of exciting projects with a view to submitting more bids for the next Upgrading Fund cycle. “

A decision on the success of the first round financing offers is expected in September.

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