The council’s executive committee has agreed to appointing new commercial marketing agents to promote the site to international leisure investors.
The appointment would reopen the site to fresh investment and terminate the previous agreement with Nikal Ltd.
The first stage of the Blackpool Central development completed earlier this year, with the opening of a 1,306 space multi-storey car park.
A contractor, DSM Demolition has also been appointed to demolish the old police station, municipal courts and the old joke shop on Central Drive, starting early in the new year. The cost for the demolition will be met from funding allocated by the UK Government as part of the Blackpool Town Deal, which was announced in 2022.
The Blackpool Central site sits in the shadow of The Blackpool Tower, next to the Promenade and with a direct driving route from the motorway into the new multi-storey car park. Once the site of the busiest train station in the world, the up to 15 acre site is an attractive location for a new leisure attraction to add to the town’s £1.7bn visitor economy and create more jobs for local people.
While the council is assembling the land at Blackpool Central, with the support of grants from the UK Government, the previous agreement with Nikal ensured that the car park was built with private sector investment.
The council received £4.5m from the land agreement with Nikal, used to help support council finances and local services. As well as the land receipt, the council also has the option to acquire the car park for a nominal sum in the future.
In addition to protecting the council’s finances, this agreement means that the vast majority of the Blackpool Central land is still owned by the council and available to develop, without risking council tax payers’ money.
In the new year, the council will look to appoint international marketing agents to help promote the site and find investors and developers who could bring forward a new leisure attraction using private sector investment.
More information about plans to make Blackpool better