Terrace Hill plots Burnley leisure scheme
DEVELOPER Terrace Hill is planning a leisure scheme in Burnley after acquiring a town centre plot from the council.
It wants to build six restaurants and a coffee shop alongside a nine-screen cinema and a 287-space underground car park at the four-acre former Pioneer Co-operative building site, off Active Way, which is currently a surface car park.
Terrace Hill, which has an office in Manchester, intends to submit a planning application for the 43,000 sq ft scheme by the end of the year and complete the project within two years.
Development executive Andy Lavin said: “The land around the old Pioneer building has been undeveloped for a number of years now. With the other revitalisation schemes taking place across the town this site really stands out as being in need of some attention.”
Burnley Council leader Mark Townsend said: “This is excellent news and we will work closely with Terrace Hill to make this happen as quickly as possible. It’s part of a far bigger picture of investment in Burnley town centre which will transform the way it looks and make it even more attractive to shoppers and visitors.
“That includes investment by Addington Capital in refurbishing Charter Walk and creating larger stores, the development of town centre student accommodation proposed in the former Burnley College building, new apartments being created in the former courthouse next to the Pioneer site, and the investment in improving the pedestrianised area of St James Street and beyond.”
Retail agents Brady & Co and Trevor Dawson have been appointed to market the scheme.
