£1m, extra to help fund Burnley Weavers’ Triangle regeneration?

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Councillors are set to release more than £1m. to help fund a series of key projects in the ongoing regeneration of Burnley’s historic Weavers’

Triangle.

Work planned for the coming year is the second phase of the On The Banks development of Slater Terrace, Sandygate Mill, Sandygate weaving shed and the former Waterloo pub; public realm works in Sandygate Square, and highway improvements to Sandygate and Trafalgar Street.

The next major phase, the University Technical College, is due to open its doors in September and the first students are being enrolled.

Burnley Council’s Executive is recommended to release £1.023m. from this year’s council capital programme to help fund the work, when it meets at the town hall on Tuesday.

Coun. Shah Hussain, the council’s Executive member for regeneration and economic development, said: “The regeneration of the Weavers’ Triangle is moving ahead. It is being transformed into somewhere that looks to the future while, at the same time, keeping its historic heart and I’m very excited .

“The University Technical College in Victoria Mill is about to open its doors to its first students and we have an ambitious vision for neighbouring Slater Terrace that will see it become attractive and sought-after office space.

“This release of £1m. is part of the ongoing regeneration of that area and will help fund further improvements.”

A council spokesman said all the capital funding for the Weavers’ Triangle regeneration programme is from external sources and has been consolidated into the council’s capital funds.

The release of the funds will have to be approved by the full council.