The new development in the heart of Blackpool will help transform the town centre and will include an innovative, multimedia, entertainment venue.
Blackpool Council has signed three key deals which include a 25 year lease with Tower Cinemas (Blackpool) Ltd for a nine-screen IMAX-ready multimedia complex; a 15 year lease for Wilko on a new, purpose built 22,500sq ft unit on the site of the Tower Street car park; and the completion of a contract with Coolsilk, the developer behind Blackpool’s first five stat hotel, The Sands Venue Resort Hotel & Spa.
Work is expected to commence on the Tower Street site in March and be completed by Spring 2022 and the overall scheme has been facilitated by £5M of funding from the Government’s Covid-19 Getting Building Fund. The council acquired the Houndshill Shopping Centre in for £47.6M in November 2019 as part of its long-term strategy to revitalise the town centre. The phase two extension will also include two restaurants totalling 3,760sq ft that will be delivered to shell specification. The council is in advanced negotiations with leisure operators for these units.
Cllr Lynn Williams, Leader of Blackpool Council, said: “If the town centre is to prosper, we have to provide new reasons to attract residents and visitors. The signing of these three contracts paves the way for us to take a major step along that road.”
