The developer said it is continuing to work with Blackpool Council, after plans for an adventure park and holiday lodges at the Stanley Park golf course were shelved.
United Kingdom Adventure Parks, a subsidiary of Holmes Investment Properties, intended to develop on part of the 18-hole site, and retain and upgrade the remainder as a nine-hole course.
However, feasibility work has led to a change of thinking, with the firm saying that an increase in costs of 35% to 40% mean the project is now unviable.
The plans have been contentious from the start. The council voted to sell the site to HIP in 2020 on the back of its plans for 250 holiday lodges and an Adrenaline World adventure park. A petition opposing the sale had garnered more than 8,000 signatures.
Blackpool Council said that “the parties are working together to secure an alternative site for the development, the details of which will be released in due course”.
Image Credit: Archive / Place North West