The joint venture (JV) partnership is between Pendle Borough Council and Barnfield Investment Properties (BIP).
The joint venture (JV) partnership is between Pendle Borough Council and Barnfield Investment Properties (BIP).
Recognising that public funding for economic regeneration was unlikely to be sustained in the future, Pendle Borough Council embarked on a strategy to work in partnership with a private sector partner to unlock the development potential of various land and property assets in the Borough and maintain development momentum.
A Council does not usually have the capacity and expertise ‘in house’ to deliver development activity alone. The Council working jointly with a private sector partner, such as Barnfield Construction can share and utilise the professional skills and commercial expertise across the two parties to deliver developments.
The partnership was set up in 2007 to deliver the ACE Centre and further JV companies have been established since.
This strategy focused on:-
So far, Pearl has …..
We are working on site on the following projects:
A number of other schemes are in the pipeline.