Strong results for developer behind Blackpool plan

Blackpool's �220m Central Business District regeneration
Blackpool's �220m Central Business District regeneration
Have your say

URBAN regeneration and property development company Muse Developments – delivering Blackpool’s £220m Central Business District regeneration – contributed to a resilient set of preliminary results for the year.

Parent construction and regeneration group Morgan Sindall Group plc recorded profit before tax, amortisation and non-recurring items of £45.3m (2010: £51.3m) with revenue up six per cent at £2,227m.

The group’s forward order book currently stands at £3.4bn with a growing regeneration pipeline of £1.8bn, and a further £600m of regeneration schemes at preferred developer stage.

Click here to register with The Gazette website to enable you to comment on stories.

In Blackpool, Muse is working with Blackpool Council to deliver the £220m business district which will create new retail, commercial, community and hotel space, town centre parking and transport facilities.

Nigel Franklin, joint managing director of Muse, said: “We are actively building new offices, homes and retail and leisure facilities.

“This is an endorsement of our business model which provides both geographic and sector spread through a focus on truly mixed-use development.”

Click here for our Fylde means Business magazine which showcases the brightest and best of the Fylde Coast.