PART of Burnley’s iconic Weavers’ Triangle has been rebranded in a bid to attract investment and transform it into a vibrant £100m. development for business, living, leisure and education.
On the Banks was unveiled to the town’s business leaders this week and will see historic features mixed with modern infrastructure.
The development will include public spaces, office and creative work space and homes, with leisure and retail centres on the water’s edge.
Phase one of the scheme, which includes the building of the Vision Learning Trust University Technology College at Victoria Mill, off Trafaglar Street, is already well underway and last week councillors gave the green light to the next stage, which will see the area between Trafalgar Street, Sandygate, the Leeds and Liverpool Canal and Victoria Mill revitalised.
Slater’s Terrace and warehouse and Sandygate Mill engine house will be converted into offices while Sandygate Mill spinning block will be converted for education and training. The weaving shed at Sandygate Mill will be used as a car park with 112 spaces.
Trafalgar House and the attached Waterloo Works will be demolished to make way for more car parking although the frontage to Trafalgar House will be retained and the landmark Waterloo Hotel will be partially demolished although some of the external walls will be kept.
Members of Burnley Borough Council’s development control committee also granted listed building consent and conservation area consent for the development.
Coun. Stephen Large said: “The development looks to me to be sensitive to the heritage but it needs to be a big modern development.”
Coun. Roger Frost said he would like to see a proper plan for the Waterloo Hotel.
Coun. Liz Monk added: “This development is going to be a good development. I’m proud that something is finally moving forward.”