£1 BILLION GROWTH & PROSPERITY PROGRAMME
A £1 billion Growth & Prosperity Programme is taking place across Blackpool with major regeneration schemes in the town centre, the new Central Leisure Quarter and Blackpool Airport Enterprise Zone.
Over £570m has already been invested in the past decade to transform Blackpool and town leaders are dedicated to implementing the next phase of development with new town centre schemes that will continue to transform and revitalise Blackpool. These include a new £26m Conference and Exhibition Centre, an extension to the Hounds Hill Shopping Centre, development of Talbot Gateway Phase 2, a new tramway extension, a new train station underpass, an IMAX-style cinema complex and new restaurants and hotels including Blackpool’s first five star hotel, a Quality Corridor refurbishment project and a new museum.
Plans have also been revealed for the biggest, single, private sector investment in Blackpool’s tourism industry for more than a century. The £300m Blackpool Central redevelopment will bring world-class visitor attractions to a 17 acre landmark site on the famous Golden Mile along with new hotels, restaurants, an artisan food market, event square, residential apartments and multi-storey parking. It is anticipated that that the development will attract 600,000 additional visitors a year with a combined annual spend of £75m and create approximately 1,000 new jobs.
BLACKPOOL AIRPORT ENTERPRISE ZONE
Located at Jct 4 M55, the Enterprise Zone is a vibrant business hub and a key location for the development and logistical support of the UK’s emerging energy markets, attracting national and international investment.
Blackpool Airport Enterprise Zone is a 144 hectare site incorporating a Category 3 airport and surrounding business parks in South Shore, Blackpool. As one of the largest Enterprise Zones in the UK, over 25 years the site will transform Blackpool and the Fylde Coast’s economic base, positioning itself as a premier business location in the North West.
Council owned Blackpool Airport is a significant part of the local economy and is essential to the future commercial success of the Enterprise Zone, operating a varied range of private flights, pilot training, maintenance and helicopter services.
Blackpool Council, as the accountable body and majority landowner, has allocated £28.8m over the first three years to deliver essential infrastructure to help unlock sites, kick start development and attract investment to meet the increasing occuper demand. The Enterprise Zones ambition is to:·
- Attract over £300m private investment
- Create up to 5,000 new jobs
- Develop new infrastructure
- Encourage up to 140 new businesses to the area
- Build, convert or re-purpose 260,000 sq m of potential employment space
The Masterplan for the site represents indicative plot layout and capacity that can be tailored to suit requirements. There are a full range of commercial options available including as built premises on a leasehold/freehold basis, development plots, land sales and design and build opportunities.
Target sectors for the site include:
- Advanced engineering and manufacturing
- Food and drink manufacturing
- Digital and creative sectors
- Back office administration
Businesses locating on the Enterprise Zone can access one of two financial benefits:
Up to 100% business rate discount up to £275,000 per business over a five year period before March 2022
Enhanced Capital Allowances (tax relief) to businesses making large investments in plant and machinery up to €125 million valid until November 2023.
For more information please call The Enterprise Zone Team on freephone 08081 644 922 or email or visit
Blackpool is easier to reach than ever before with a new multi-million pound upgrade and electrification of the main rail line from Blackpool North to Preston, meaning direct, faster routes to London Euston, Manchester, Liverpool and the West Midlands with the potential to open up new routes to more destinations in the future.
Please see resources below which are available to businesses in Blackpool and the Fylde Coast
There are a wide range of free and subsidised business support services available to growing businesses in Blackpool. You will find information on these services in our Business Support section, which also includes information on the various governmental supported funding schemes for businesses.
There is a wide range and variety of commercial property available in the Blackpool area, places to start and places to grow. Many people starting a business are unfamiliar with the commercial property market and the vagaries of business rates. Our easy to use property search and links to business rates advice will help to simplify this process.