ST. MODWEN TO REGENERATE BURNLEY MILL
St. Modwen, the UK’s leading regeneration specialist, has submitted a new planning application to enable a major transformation of Finsley Gate Mill in Burnley to be undertaken.
The scheme will see the delivery of a stunning line up of 12 new townhouses on the canalside aimed at young families, together with a new public square linking to a footbridge, providing a potential viewing platform and opening up the waterside to visitors and residents.
If approved, work could start later this year with the removal of the mill extension and the retention and restoration of the original Finsley Gate Mill and landmark chimney for future commercial use. This could provide a new restaurant opportunity for the town.
It is anticipated that the scheme will act as a catalyst for the regeneration of the wider area, bringing forward further housing on the adjacent canalside and complementing the proposed use of Mile Wharf. The development is expected to create 250 new jobs and significant future investment in the area.
Steven Knowles, development director at St. Modwen, said: “The Finsley Gate project provides a vision of what can be done in Burnley but remains challenging. We believe these are the right proposals to bring forward new sustainable development and investment which in turn, will lead to further regeneration of the wider area.”
