Oldham’s Grade II listed Prudential building to be transformed into business hub

Oldham City Council will reinvent the historic building into a business incubation centre.

By Emma Davidson | 5 January 2023

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Image: via Oldham Council

Standing tall in Oldham town centre since 1889, Oldham’s Prudential building is set to be transformed into a business incubation hub, restoring its grand facade and roof dormers into an innovative new space.

Designed by Turner and Townsend and drawn up by Buttress Architects, the proposed plans include a contemporary approach to architecture, reviving the Prudential building’s stunning features. 

Bringing it back into sustainable use, the inside of the building will include 1,300 sq ft of co-working space, 1,800 sq ft of meeting space and 9,400 sq ft of office space created across five floors. 

Image: via planning documents

The hope is that a modern office space will be created for the town, which will serve as an alluring spot for new businesses and startups to grow, thrive and collaborate. Additionally a 430 sq ft cafe space will be added with kitchen and tea points on each floor.

The Prudential Assurance Building is located on 79 Union Street in the centre of Oldham. The building itself dates back to 1889 and was originally designed by architect Alfred Waterhouse, who was also the design brains behind Manchester Town Hall. 

Image: via planning documents

The construction value of the building is estimated at £8.6m and will be funded by a mixture of capital funds and the £11m Future High Streets Award given to the town by the government back in May 2021.

Speaking to Place North West, Gavin Sorby, managing director at Buttress, said: “The refurbishment and redevelopment of the building presents a unique opportunity to create a thriving hub in the heart of Oldham.

“This goes beyond the material refurbishment of the building, looking to re-frame the 19th century office into a vibrant co-working and modern workplace that will attract young and upcoming tech businesses.”