LCC appoints development partner for Cuerden

Lancashire County Councilhas signed an agreement with Land Securities Group, the UK’s largest commercial property company, to develop phase one of the Cuerden Strategic Regional Investment Site, located at the intersection of the M6 and M65.

Land Securities will develop the first phase of the plan, delivering strategic infrastructure through a high quality employment, retail and leisure development designed to attract leading businesses to the area.

County councillor David Borrow, deputy leader of Lancashire County Council, said, “Cities and regions have to compete for commercial investment, so for us to attract Britain’s premier developer is a significant endorsement for the Cuerden Strategic Regional Investment Site. By attracting a major delivery partner quickly, we are sending out a clear signal that Lancashire County Council is a good partner for business and that we value the jobs and investment that the private sector brings.”

The Cuerden m asterplan anticipates a phased development. Land Securities will provide strategic development expertise and consult widely to ensure the mix of uses on the site meets the strategic objectives of infrastructure improvement, jobs and growth. Rob Noel said: ”By acting quickly and positively, we can attract major businesses to Cuerden who might otherwise locate outside the sub region. The environment we can create will help cement Preston and South Ribble as a major, forward-looking business destination for Lancashire.”