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The UK’s leading regeneration specialist St. Modwen has been granted outline planning permission and conservation area consent for a major mixed-use development in Burnley.

The approved £20 million scheme will regenerate a derelict seven-acre site adjacent to the Weaver’s Triangle conservation area, transforming it into up to168 new homes, retail units, leisure facilities and office space.

St. Modwen expects the scheme to create up to 300 jobs and provide a much more diverse housing stock for local people.

The site, which was formerly occupied by shoemaker Lambert Howarth, includes two 19th Century mills which have suffered from sustained vandalism and professional looting, rendering them too damaged for restoration. St Modwen’s scheme will enable the façade of Finsley Gate Mill to be retained, ensuring the new development complements the surrounding Weaver’s Triangle conservation area.

Michelle Taylor, regional director at St. Modwen, said: “We are delighted to receive planning permission for this site. Healey Royd and Finsley Gate mills have attracted anti-social behaviour and become structurally dangerous, meaning the site is in great need of regeneration. The approved plans will retain the historical heritage of the area, while still creating much-needed, modern housing for future generations.

“We are very eager to get started on the project. With its superb canal-side location, we’re confident it will create an exciting new focal point at the heart of Weaver’s Triangle”.

St. Modwen has worked closely with Burnley Borough Council, English Heritage and The Prince’s Foundation to evolve the scheme.

The Weavers’ Triangle area covers 54 acres and is designated within the Canalside Conservation Area straddling the Leeds-Liverpool Canal.