Blackpool council buys Tower for £38.9m

 

Blackpool council has agreed a £38.9m deal to buy < ?xml:namespace prefix = st1 />Blackpool Tower and the Winter Gardens complex from Trevor Hemmings’ Leisure Parcs.

 

The deal will put the iconic attractions in public ownership for the first time and pave the way for a major regeneration programme that will see the attractions managed by leisure operator Merlin Entertainments Group.

 

It will also fund a £10m programme of repairs for the Tower, refurbish the Winter Gardens to create a mid-size, multi purpose conferencing venue, and develop a creative industries workspace unit at