Transforming Hyndburn

Market Hall

Overview of proposed changes

We will refurbish and transform the market into a food and drink destination that is attractive to locals (50% rarely or never come to Accrington) and those within a c.45 minutes travel distance (2.7m people with £30+bn disposable income). Our RIBA stage 2 designs, MEP and decarbonisation strategies envisage 50% of ground floor space space for a day and night time food offer and the other 50% for curated ‘traders’. We also plan to demolish one of the large underused pavilions (planning permission already granted). Demolition will create high-quality green public realm, better visibility of the building, outdoor eating provision and reduction in retail space (substantial oversupply).

Estimated costs Works cost Project/design fees Property costs/surveys

£7,689,277

£768,928

£84,832 Risk allowances (contingency & market volatility @ 17%) £1,452,316 Inflation @ 10.0% and 7.7% £1,000,756 Total (Financial cost) £10,996,109

TRANSFORMING HYNDBURN

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