Pendle Enterprise and Regeneration Ltd (PEARL) | joint venture partnership established between Pendle Borough Council and Barnfield Investment Properties (BIP)
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Creating a more prosperous place

PEARL aims to make Pendle a more prosperous place through delivering regeneration and development.

It has delivered many challenging development and restoration projects and has more in the pipeline. Its flagship project is the £32 million conversion and development of the Grade ll listed Brierfield Mills (Northlight). On completion, Northlight will be a huge asset for Lancashire with a unique role to play in the Northern Powerhouse.

Pendle Council has a 30% share hold in the joint venture and Barnfield Investment Properties (BIP) has 70%. For every £1 of money that Pendle Council invests, £2.33 of BIP money (private sector) is invested too.

Since PEARL was established, it has successfully delivered over £34million of development across a range of sectors – economic, leisure and residential and commercial. So far, Pearl has…

Built a ‘state of the art’ Arts and Entertainment Centre

Carried out three commercial / retail developments

Delivered 10 development projects

Restored and brought 3 derelict heritage buildings back into use

Restored a further 80 Victorian terrace houses

Built 72 new homes and are on site with building a further 67 new homes

PEARL

Pendle Enterprise And Regeneration Ltd

PEARL is a pioneering joint venture partnership between Pendle Borough Council and Barnfield Investment Properties (BIP).

Recent Projects

PEARL aims to make Pendle a more prosperous place through delivering development and regeneration projects.