Huge blow to UK seaside town as £300m regeneration now at risk

By Grace Piercy, News Reporter

Plans for the Blackpool Central regeneration task (Image: Nikal Ltd)

The aboriginal of a £300million seaside town regeneration is present astatine hazard successful a immense stroke to a edifice that's present been named 1 of the UK's champion places to live.

Nikal Ltd, the Manchester-based developer down Blackpool’s regeneration, has filed a Notice of Intention to name administrators.

The institution plays a cardinal relation successful the Blackpool Central task with the section council, which aims to make a world-class leisure destination disconnected the seafront. 

The 17-acre country acceptable speech for the task includes Blackpool’s Magistrates courthouse and the erstwhile Bonny Street constabulary station, which are some owed to beryllium demolished adjacent year.

Proposals person included 2 indoor taxable parks, a 1,300-space car park, a 127,000 sq ft flying theatre and a 70,000 sq ft nationalist square, arsenic good arsenic caller hotels, restaurants and apartments.

The £300m task is nether menace (Image: Nikal Ltd)

Inside volition beryllium rides, arcades, a bounce park, inflatable attractions, laser tag, bumper cars, an alien barroom and an lawsuit edifice with rollercoaster service.

The caller Heritage Quarter volition see an "Artisan Food Hall" arsenic good arsenic a refurbished pub and Aparthotel.

So far, the car parkland and a £23m tram enactment hold person been completed and are successful operation. The £13m Showtown Blackpool Museum, a Holiday Inn edifice and Marco Pierre White edifice person besides been finished.

It is estimated that up to 1,000 caller jobs volition beryllium created, with 600,000 further visitors each twelvemonth and the yearly walk successful the municipality boosted by £75m.

The £300million task besides includes upgrades to the celebrated Blackpool Illuminations, arsenic good arsenic caller workplaces and assemblage campuses.

Norbert Reichart, main enforcement astatine Media Invest Entertainment which is down the attraction, antecedently said: "Blackpool is the undisputed amusement superior of the UK and our strategy volition assistance cement the municipality arsenic a must-visit year-round destination for generations to come."

Express.co.uk has contacted Blackpool Council and Nikal Ltd for comment.