More than £84m is expected to be ploughed into the venture during its lifetime up until 2041.
Investment in the Blackpool Airport Enterprise Zone is expected to ramp up in the next few months as vital infrastructure is put in place and the next phase of sports facilities is launched.
The enterprise zone is a 25 year long term project aimed at creating skilled jobs and underpinning the Fylde coast economy. More than £84m is expected to be ploughed into the venture during its lifetime up until 2041.
It is currently one of the best performing enterprise zones in the country, having already enabled the creation of more than 2,100 new jobs in growth sectors with 130 companies locating on to the site. The overall target is to attract 180 new businesses, 5,000 jobs and £300m of private sector investment.
The first phase has focused on the eastern sector at Common Edge Road including new sports facilities with 12 new grass pitches completed in October 2021. Additional investment in new changing rooms and spectator pavilion, a floodlit 3G pitch, floodlit rugby pitch and training area, 194 space car parking and improved road access to the site, will be fully open in 2023.
The second phase of activity will focus on Blackpool Airport which is within the borough of Fylde, although work on both phases is expected to overlap. Higher building and material costs due to inflation may delay some elements of development.