Ambitious plans to build a multi-million pound 3,000-seater concert arena in Burnley dubbed “Lancashire’s Lowry Centre” have suffered a blow.
World leading Burnley audio engineering firm AMS Neve and Live Nation, the world’s largest venue operator, were part of a bid for £1m. in Government funding for the state-of-the-art Locus Arena proposed for the Weavers’ Triangle.
But the bid for the entertainment and convention centre, which also included Burnley Council and Barnfield Construction, was turned down by the Regional Growth Fund.
AMS Neve managing director Mark Crabtree said: “It is obviously disappointing but everybody involved in the project is determined to bring it about.
“It is certainly not the end of it. Everybody realises what a big difference this could make to the town and the whole area. We are now actively working to try and make it happen through other channels.”
The Locus Arena could create up to 450 jobs and bring £54m. into the economy in East Lancashire through related visitor spend.
Mr Crabtree added: “It’s just what the town needs and everyone who has seen the idea is wholly convinced this is what we need. Everybody involved is still very excited more than ever.
“One way or another we will get it done.”
Burnley Council Leader Julie Cooper said: “I can assure everyone that the partners involved will be looking to see if there are other ways of progressing the project as we firmly believe it’s an important statement of belief in Burnley’s future as a centre of excellence.”