The London-based developer has secured outline planning permission for the redevelopment of a 20-acre site in St Anne's following a protracted application process.
Fylde Council initially turned down the proposed plans for the Heyhouses Lane site, formerly home to the Premium Bonds prize-selecting computer ERNIE. The plans included up to 250 homes and 30,000 sq ft of retail space. Additionally, the site offers potential for an 85-bed retirement and care home.
The application was refused because of concerns over the impact upon planned investment in St Anne's town centre. These have now fallen away, following the development by Aldi at the former Conservative Club.
Following the refusal, Telereal Trillium launched an appeal against the decision and subsequently resubmitted the planning application for the site, giving the council opportunity to reconsider the proposal in light of recently issued National Planning Policy Framework, which encourages approval of sustainable development proposals.
A planning committee report on the resubmitted application found no sufficient grounds to justify refusal and the development was given the green light.
Eric Williamson, development director of Telereal Trillium, said: "We are delighted with the outcome of the recent planning committee meeting. The plans will see redundant Government buildings demolished to make way for a vibrant, mixed-use development that will provide housing and valuable local employment.
"We look forward to progressing plans to bring the site back into use, so that it can once again make a positive contribution to the local area."
Turley Associates advised Telereal Trillium in securing planning permission for the scheme, and property consultants G L Hearn advised on viability studies and affordable housing provisions for a section 106 agreement.
Further to the application being approved, the Manchester office of GL Hearn has also been instructed to dispose of the site as a whole or in parts.
Stephen Downey, director of GL Hearn, said: "We are very pleased to be working with Telereal Trillium on this development. This is a very good consent which will permit redevelopment of the redundant property. We are confident there will be strong demand from both developers and operators for the site."