The contribution from central Government will be spent on projects that form part of the seaside town’s ongoing regeneration, but is “just the start” of what is required, according to the council.
Cllr Lynn Williams, leader of Blackpool Council, said: “This funding allocation is a very welcome contribution to our ongoing regeneration and will help facilitate some key projects but we are hopeful it is only the start of the journey.
“We want to open up a wider conversation with the Government about ways in which it can help the town to achieve its long-term aspirations. Our vision for Blackpool is ambitious but very much achievable if we can secure the right level of support.”
The £40m from Whitehall, awarded from the Government’s £3.6bn Towns Fund pot, will support several projects in the town, including the relocation of Blackpool Magistrates Court to unlock developer Nikal’s £300m Blackpool Central leisure attraction.
Another project tipped to benefit from the funding is an education facility dubbed a ‘Multiversity’, part of the Talbot Gateway project, which would provide academic and vocational training to students in bid to boost employment levels in the town.
Blackpool Council’s airport enterprise zone also falls under the scope of the £40m boost from the Government, which could fund infrastructure work required to unlock 37 acres at the site and with it the potential for 344,000 sq ft of employment space…
Main image: Blackpool beachscape. Photo by Stephen Iodice from Pixabay