Burnley development gets £3.2m transport boost
The finance will also be used for road infrastructure and related improvements needed for the project in the Curzon Street area.
Pioneer Place is a £26m leisure development in Burnley's town centre and is part of a masterplan designed to bring 1,070 new jobs, £100m Gross Value Added per annum, £1m in new business rates and 583 new homes.The Town Centre and Canalside Masterplan has been prepared by Burnley Borough Council, in partnership with the county council, the University of Central Lancashire and Burnley FC.
Councillor Mark Townsend, leader of Burnley Borough Council, said: “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."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."
County councillor Geoff Driver, leader of Lancashire County Council, added: "The Pioneer Place scheme will bring significant regeneration to an area of the town, further reinforcing the previous work that's already happening. "We’re pleased to be working with Burnley Borough Council to bring this project together. New jobs are already being created and the economy is increasing here. It's important that we do what we can to develop the road network in order to support and continue this growth."