Barnfield Construction in partnership with Burnley Council is delighted to unveil the show apartment for the new canalside Bridgewalk Apartments on Sandygate in Burnley, prior to the official launch of the full development in April.
Burnley’s housing landscape is changing dramatically with Burnley Council working with several developers who are building modern affordable homes and apartments across the borough for the next generation.
Bridgewalk Apartments, a £2 million scheme which comprises 16 luxury apartments over 4 floors, situated in the unique ‘OnTheBanks’ canalside development within the historic Weavers’ Triangle, is a wonderful example of new homes primarily aimed at first time buyers, with Help to Buy assistance.
Burnley Council Leader, Mark Townsend said: “The show apartment looks great and represents a new era in providing a modern housing offer here in Burnley.
“The apartments will bring the OnTheBanks canalside development to life, and will be key to promoting urban living in and around the town centre, which the council sees as an important priority for Burnley’s economic growth.
Adding: “Burnley is truly embracing the trend of urban living, recognising that millennials and baby boomers are looking to live in modern environments close to town centres and leisure facilities.
“A number of Burnley town centre buildings are being lovingly converted in to stylish spacious apartments, and there are several modern housing developments underway across Burnley transforming the housing offer here in the town.”
“The Bridgewalk apartments are in a great location, situated on the waterside, close to the town centre and its range of shops, restaurants and bars as well as being within walking distance of the Manchester Road Railway Station with easy access into Manchester via the direct rail link.”
Tim Webber, MBE, Managing Director of Barnfield Construction, said: “The continued development of the OnTheBanks scheme is very important to the economic growth of Burnley. This exciting addition of these stylish, high quality apartments will really help to activate this area that has already seen high level investment in both infrastructure and commercial space.
Delivering on this initiative really proves the strength of the relationship Barnfield have with Burnley Council and Homes England.”
Kathryn Molloy, Head of LEP Co-ordination and Development, said: “It’s a real testament to the progress that Lancashire is making in the housing sector this government backed scheme has been built in Burnley.
“The LEP’s investment through the Growing Places fund has helped play a key role in kick-starting the Bridgewalk Apartments scheme and helping attract further Government support.
“All across Lancashire, the LEP is investing strategically to support development with the aim of building 40,000 new homes in the next decade.
“The Bridgewalk Apartments are just one example of the many housing schemes local people can expect to see get underway as the LEP delivers our ambitious strategic plan to drive economic growth and transform the county’s economy. “
Notes:
The Bridgewater Apartments scheme has been part grant funded by Homes England and development finance from the Lancashire Enterprise Partnership, Growing Places Fund will offer modern urban apartment living to first time buyers, with low deposits through the Help to Buy Scheme.
Burnley Council’s Regeneration & Planning Policy team in partnership with Barnfield Construction submitted a comprehensive bid to Homes England to develop this scheme in Burnley, which we are delighted was successful in securing the grant funding towards the Bridge Walk development.
Growing Places Fund
Growing Places is a £20m commercial investment initiative aimed at removing barriers to site development by addressing immediate infrastructure and site constraints to promote the delivery of jobs and housing.
The LEP is one of only a few Local Enterprise Partnerships in England to have fully committed its GPF allocation of £20m, as a revolving commercial fund.
The fund has leveraged an initial £100m of public/private investment but more importantly it will be responsible for the creation of 3,000 new jobs and 150 new homes.
The LEP is looking to continually invest in development schemes and co-invest with other private, public and institutional investors to deliver new business growth, jobs and housing in Lancashire.
It’s a straightforward, government-backed proposition that enables developers to get projects over final funding obstacles.
The idea is to deliver job-creating developments across Lancashire that is being held back by short term funding issues.
Growing Places invests in house-building, commercial developments and infrastructure schemes needing short term loans on commercial terms.