A Hollinwood Mill is to be demolished later this year to make way for an £11m project for eighty new houses.

Durban Mill, which sits behind the Oasis Academy has been acquired by Grasscroft Property.

Michael Coulter, director of Grasscroft Property, said: “We spotted a great opportunity with Durban Mill and are looking forward to developing what has become a bit of an eyesore into much-needed quality family homes for Oldham.

“We have a great portfolio of residential and commercial developments in the local and wider area and expect to have spades in the ground by next summer.”

The mill was built in 1905 and was taken over by the Lancashire Cotton Corporation in the 1920’s.

The site has laid empty for some time having been used as storage for educational supply Company Findel until 2009

The demolition of Durban Mill is planned for early September 2015 when the land will be remediated ready for construction. Plans for the site are currently being developed with planning permission to be applied for in early 2016. 

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