£31.5m Prince's Gate investment for Oldham homes
Oldham has secured £31.5 million from Greater Manchester's Good Growth Fund for the Prince's Gate development, delivering 331 new homes including 75 social housing units next to Oldham Mumps station. This forms part of a wider plan to create 2,000 new homes across Oldham town centre over the next decade. The investment is part of the first £400m allocation from the £1bn GM Good Growth Fund, which will unlock nearly 3,000 homes, 22,000 jobs and 2 million square feet of employment space across Greater Manchester. The Prince's Gate car park has closed to enable construction starting later this year.