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The North West 2020 Annual Survey Blackpool


Blackpool is the new Place for Business, says Nick Gerrard, Growth & Prosperity Programme Director at Blackpool Council. A bold statement, but the resort is changing and in some parts of the town, beyond all recognition.


Blackpool needs little introduction as the UK’s most popular seaside destination with more than 18 million visits a year and a tourist economy of £1.58bn. What’s less known is an extensive redevelopment programme that’s underway to revitalise the town, boost the economy and create jobs. The £1bn+ Growth & Prosperity programme’s aim is twofold: deliver a broad range of strategic regeneration projects to achieve economic growth, job opportunities and to attract investment; and a property investment programme to increase income generation, enabling the council to support the delivery of services for Blackpool residents. Blackpool Council’s ambitious plans will transform the town with already over £750m spent on a number of key investments. Pivotal schemes include Talbot Gateway, Blackpool Central and Blackpool Airport Enterprise Zone with supporting investment including:


‹ New £26m conference centre extension of the Winter Gardens for over 7,000 delegates


‹ ‹ ‹


Sands Venue Resort Hotel - the first 5* £20m hotel opening 2020 Showtown – The resort’s first museum £13m


£7.8m Quality Corridor Scheme to improve shops, streets and public realm


‹ £285m improvements to the promenade, sea defence systems and 17km of new tramway


Blackpool Airport Enterprise Zone


Over the next 25 years Blackpool Airport Enterprise Zone will transform the Fylde Coast’s economic base. Blackpool Council


TO LET/SELL Design and build opportunities


• Phase 1, Blackpool Airport Enterprise Zone • 20,000 – 80,000 sq ft (1,858 – 7,432 sqm) •


Individual plots, flexible layouts, suitable for B1/B2/B8


• Indicative site layout subject to planning


• Available from 2021 For all enquiries


0808 1644922 nicole.billington@blackpool.gov.uk


has allocated £28.8m over the first four years to deliver essential infrastructure to help unlock sites, kick start development and attract investment. A detailed planning application is being prepared for phase 1 development including improved sports facilities, commercial space and new highways and will be submitted early 2020. The site has already attracted new investment with 8 new developments, 69 new companies, more than 1520 new jobs and is projected to host 5,000 new jobs and attract over £300m of private sector investment over its lifetime.


Talbot Gateway


Following the £80m investment in Phase 1, Phase 2 Talbot Gateway is already underway to improve transport links with a new £23.4m tramway extension connecting directly with the train station via a new underpass, the promenade and attractions. A 144 bedroom 4 star Holiday Inn and restaurant will be open at the end of 2021 employing over 100 people.


Blackpool Central


Blackpool recently announced a £300m town centre development representing the biggest single investment in Blackpool for more than a century. The site will feature a range of indoor attractions including the UK’s first flying theatre, virtual reality experience, new hotels, restaurants, food market, event square, residential apartments and multi-storey parking. The land sale has been agreed by Blackpool Council with Nikal Ltd and Media Invest Entertainment with a planning application for a new multi-storey car park anticipated at the end of this year. The development is expected to attract 600,000 additional visitors a year with a combined annual spend of £75m and will create up to 1,000 new jobs.


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COMMERCIAL PROPERTY MONTHLY 2020


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