Funding deal agreed to safeguard Preston Bus Station

The future of Preston Bus Station is set to be guaranteed thanks to a deal between Preston City Council and Lancashire County Council.

Preston_bus_stationThe bus station had previously been set for demolition, then saved by Grade II listing status.

Now, ownership will swap from Preston City Council, which said it can't afford its upkeep, to Lancashire County Council, which will invest £8.3m in the site.

The deal is subject to agreement at the Councils’ Cabinet meetings on December 5.

Councillor Peter Rankin, leader of Preston City Council, said: “This is the best possible outcome for Preston and Lancashire, as the bus station is an important transport hub for the county. “The deal will put to rest any doubt whatsoever over Preston Bus Station. The building’s future will be 100% guaranteed. In fact, the County Council will be able to invest in the building to improve the facilities for the thousands of people that use it every day. We have always wanted a bus station fit for the 21st century. The transfer will take us towards that goal."