Plans to redevelop Botany Bay have been approved by Chorley Council.
Separated by the Leeds to Liverpool canal, 4 individual applications for the 91 acre site are involved.
The company accountable for three of the applications, FI Real Estate Management, will be refurbishing a Victorian cotton mill that is located on the site into shops.
Over 40 objections were received about the plans, the majority of which were regarding the loss of green space and the impact on traffic.
As part of the project, the developer would be financing £2 million worth of road improvements, heard the planning committee.
The first application, on land to the north east of junction 8 of the M61, will see a 30,000 square metre retail-led mixed-use development. This includes a hotel.
The second application, on land to the south of the canal, will see up to 27,871 square metres of industrial and distribution floorspace.
The third application is for 188 homes.
A spokesperson for FI Real Estate Management, said:
“The reinvention of Botany Bay has been in the planning for a number of years and this approval brings to fruition a great deal of work to create a masterplan that blends premium outlet retail, quality housing and valuable employment uses.
Botany Bay has a rich heritage and we have put the site’s industrial history at the heart of the designs for this truly unique development. Our vision is to create a flagship outlet shopping destination for the North West, which not only attracts visitors to the area, but more importantly creates jobs, and acts as a catalyst for further investment for Chorley and the borough. Receiving planning approval is a huge testament to this vision and we very much look forward to bringing it to life.”
The fourth application, submitted by William J Drinkwater And Anne Goodier, was for 100 homes.
The housing secretary will now examine the plans, and has 21 days to make a decision.
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