Work is to Start on Site at Burnley Bridge

Work is to Start on Site at Burnley Bridge

Eshton is to start construction of a new road bridge across the Leeds-Liverpool Canal at the entrance of the 70-acre Burnley Bridge Business Park.

Work on the bridge and associated infrastructure at the business park, which is located at Junction 9 of the M65, is to begin in the spring of 2012 now that European funding is in place.

James Chapman, managing director of Eshton, explained that the European Regional Development Fund (ERDF)’s grant of £3.85 million towards to the £50 million project had now been secured.

Mr Chapman said: “This is absolutely tremendous news for the Burnley region. These are challenging economic times for the commercial property market, and it gives Eshton great pleasure to be able to develop this crucial strategic site and to create a significant number of jobs in the East Lancashire area.

“The ERDF grant gives us the green light. We can now start work in earnest at Burnley Bridge and attract quality occupiers to a quality site. We are determined to make this business park the very finest in the region, building on its fantastic location and providing good jobs for an excellent Lancashire labour force.

“The final phase of demolition and site clearance has now been completed getting everything ready for development. The construction of the bridge over the canal will now kick-start the whole project.

“Overall we believe that the development will create up to 1,400 new and sustainable jobs with major economic and social benefits for the East Lancashire region.

Councillor Charlie Briggs, Leader of Burnley Council, said, “This is fantastic news and it shows what can be achieved even in these difficult economic times when the private and public sector work together with a common goal.”

Steve Rumbelow, chief executive of Burnley Borough Council, said: ¨ Burnley Bridge is well located and will provide state of the art facilities in which ambitious companies can thrive.  Eshton have had to be tenacious in the current market to bring this site forward and it has been a pleasure to help make it happen.  James Chapman and the Eshton team have done a great job.

James Chapman added there was strong interest in the well-located site from logistics and manufacturing companies in the area.

He said: “We are in advanced talks with a number of parties and could do deals in the coming months that mean we are also on site with bespoke buildings for the first occupiers at the same time as the bridge installation.”

“There is consent for up to 650,000 sq ft of industrial space on the site and inquiries have been for space from 5,000 sq ft to 500,000 sq ft. As well as design-and-build pre-lets, we are undertaking a speculative phase of industrial units from 5,000 sq ft to 15,000 sq ft next year”.

Mr Chapman added: “Contrary to what people might expect, many companies are doing well in the area despite the economic challenges. Some of the local manufacturers are consolidating space and smaller firms need to move to new premises.”

Burnley Bridge Business Park is located on the former Hepworth’s site at Pollard Moor on the outskirts of Hapton and Padiham.

The agents for the development are Dove, Haigh Phillips of Leeds and Trevor Dawson of Blackburn and Burnley.

Mike Cavannagh, of Trevor Dawson, commented: “This is tremendous news. Eshton are in the process of creating the largest new employment/business park to emerge within the Pennine Lancashire – M65 corridor for many years.

“Burnley Bridge Business Park, has unrivalled access to the M65 at the western gateway to Burnley town centre.  Up to 650,000 sq ft of high-quality business space will be provided, set within a carefully designed and managed environment.  Burnley Bridge offers a quantum leap in the quality of industrial and distribution space now available to the new economy of the M65 corridor.

“Burnley Bridge is a remarkable project where occupiers will benefit from bespoke solutions close to a labour pool with impeccable logistics connections,” he added.