Council bosses have agreed to compulsory purchase a derelict listed building and ‘major heritage asset’ in Oldham town centre which has been ‘left to rot’.
The cabinet has approved plans to bring the Prudential Assurance Building on Union Street back into use as part of the Future High Street Fund programme.
It is aimed to repair the inside and outside to create a ’21st century incubator facility’ for businesses, focusing on the creative, digital, and media sectors.
The Victorian building was designed by legendary architect Alfred Waterhouse, the master of the Victorian Gothic revival style who is best known for designing Manchester Town Hall and the Natural History Museum.
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