The supermarket chain decided to pull out on the deal
Blackburn with Darwen Council is set to spend £1.6million on taking full ownership of the Thwaites brewery site. Next week the authority’s ruling executive board is being asked to agree buying out its partner Maple Grove Developments’ share of the joint venture which owns the cleared land.
This latest step would see the council take full ownership and control of the joint venture and therefore the site, paving the way for a new masterplan to be prepared it and the whole surrounding area – where proposals for a new ‘Education and Cyber Skills Campus’ have recently been agreed. Blackburn with Darwen Council’s growth programme director Simon Jones said: “Partnership working is at the very heart of all we do here in Blackburn with Darwen. “Joint ventures are a really good way of being able to bring forward major developments, benefitting our towns and the whole borough.
“This is a huge opportunity for the future of Blackburn town centre and one we want to be very much in the driving seat for.” The report to Thursday’s Executive Board board meeting sets out how the remaining shares and debt in the joint venture will be purchased by the council for just more than £1.6m.
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