A new logistics-led future for the Cuerden strategic development site in South Ribble has been revealed by Lancashire County Council chiefs.
The future of the key site, near the M6 and M65 motorways, was thrown in doubt last year when store giant Ikea pulled out of its role as anchor tenant in a planned retail-led development.
The council has now revealed alternative proposals for the 65-hectare ‘Lancashire Central’ site after what it describes as “extensive analysis of future business needs” and discussions with the private sector.
It estimates that more than 3,000 jobs will be created - 1,500 less than the original scheme - and that the new plan will lead to more than £250m of public and private sector investment and around £200m in annual Gross Value Added (GVA).
Enjoyed this? Read more from Ged Henderson