Lancashire County Council will provide £3.2m to support the delivery of Burnley’s £26m Pioneer Place retail and leisure development, set to include a cinema, restaurants, and a public plaza.
The council has signed off the funding package to help deliver road and infrastructure improvements in the Curzon Street area which will help improve access to the site.
Maple Grove, part of the Eric Wright Group, is already on board as development partner for the site which will also include shops and a 125-space car park.
Under the proposals Reel Cinemas would move from its current site in Manchester Road, on the edge of the town centre, to a new multi-screen complex. A national supermarket chain is to be signed up to take over and convert the existing cinema, together with a redesigned car park and improved access.
Pioneer Place forms part of a wider plan to regenerate Burnley town centre in a programme that could add more than 1,000 new jobs, nearly 600 homes, and £100m in additional GVA per year.
Cllr Mark Townsend, leader of Burnley Borough Council, said: “Pioneer Place is a major part of our vision for Burnley town centre.
“Burnley is bucking the trend and recent investments have already seen increases in the number of visitors to the town. Pioneer Place will build on this, by diversifying our offer and attracting even more visitors to our town centre. This will further boost the local economy and benefit local businesses.
“We want a town centre that everyone is proud of and I know our residents are looking forward to this development. This is an exciting time for Burnley as we continue to transform the town.
“I would like to thank the County Council for their significant support which is a further milestone in the delivery of this scheme.”
- Find out more about the vision for Burnley at a special Place North West event later this month – click here to buy your ticket