THE developer behind dozens of landmark East Lancashire building projects is set to lead the £100million transformation of Burnley’s Weavers’ Triangle, it can be revealed.

Barnfield Construction is in talks with council chiefs over spearheading the regeneration of the historic area in a bid to lure more businesses and tourists to the town.

Although no contract has yet been signed, negotiations are at an advanced stage and the deal could be confirmed as early as next week.

That could then see Nelson-based Barnfield begin work on the site by the end of the year.

It is understood Barnfield would stick with Burnley Council’s preference for a ‘mixed use’ development, possibly transforming the former mill buildings into business units, flats and space for shops and restaurants.

Burnley MP Gordon Birtwistle said: “I am very pleased Barnfield looks like getting the contract to do it.

“I have seen some of the plans and they are fantastic.”

The Weavers’ Triangle area, off Trafalgar Street, was the centre of Burnley’s legendary textile industry.

Although plans to regenerate the area have been floated since the 1970s, the scheme was put on hold indefinitely following the property slump in 2008.

However, it has remained on the radar, with public support from Prince Charles and cash grants for renovation work from the North West Development Agency and the National Lottery.

Burnley Council chief executive Steve Rumbelow said: “I am able to confirm that Burnley Council is in negotiations with Barnfield Construction to progress the Weavers’ Triangle but until a contract is formally signed we are not able to comment further.”

Gareth Smith, Barnfield’s head of regeneration, said: “Until highly-sensitive negotiations are complete, we are not able to confirm any further details.”

Barnfield, led by managing director Tim Webber, is behind major developments including the Network 65 business park in Hapton, Nelson’s ACE Centre and the new Boundary Mill complex in Colne.