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Brierfield Mill regeneration funding approved

Source: http://www.insidermedia.com/

The ambitious £31.8m project to regenerate Brierfield Mill in Pendle has taken a step forward after Lancashire County Council approved funding of more than £2m towards the scheme.The £2.15m approved by council leader Jennifer Mein comprises £1.5m for infrastructure and public realm works, including redeveloping the marina for leisure use, as well as £650,000 to support the relocation of Lancashire Adult Learning from Chorley to the mill.It is envisaged that the project to transform Brierfield Mill into Northlight will create a new leisure, residential and educational destination that will make a significant contribution to the regeneration of Pendle while maximising the economic potential of the heritage asset.The Northlight project is led by PEARL, a joint venture between Barnfield Investment Properties and Pendle Borough Council. It has a total cost of £31.8m of which £21.8m is being provided by the private sector and £10.1m by the public sector.Pendle Council has committed £1.5m towards the development.