Restoring historic buildings back to their former glory, for future generations.
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 is a pioneering joint venture partnership between Pendle Borough Council and Barnfield Investment Properties (BIP).