Blackpool is set to receive a multi-million pound funding boost from central government to modernise the premiere resort attraction.
The money is being offered as part of the Ministry of Housing, Communities and Local Government's Town Deals project to boost future regeneration across the country.
This morning (October 27) the first round of £178.7million of funding was announced, with Blackpool being one of just seven beneficiaries at this stage.
A total of £39.5million has been earmarked to update the Blackpool Illuminations, boost the seaside resort's £284m rated tourism industry after the Covid-19 pandemic, and support the ongoing development of the Blackpool Airport Enterprise Zone.
In July, Blackpool Council had originally asked for £50m from central government, with Paul Smith, chair of Blackpool's Town Deal Board, saying "investment is needed more than ever".
Their funding bid said that the money could help boost the £300m rated Blackpool Central leisure development.
The nine-year scheme is set to transform the former Central Station site close to the Promenade in a series of four phases which will create around 1,000 jobs and aims to attract 600,000 new visitors to the resort.
Communities Secretary Robert Jenrick said: "This government is levelling up opportunity all across the country.
"We are unlocking the full potential of towns and communities, giving them the support that they need to thrive and the seven Towns Fund Deals that I am announcing today mark the start of locally designed regeneration projects across the country.
"Backed by £180 million, we are boosting skills, job creation and connectivity in these seven towns – providing investment and confidence at a crucial time for these communities."
Minister for regional growth and local government, Luke Hall said: “The Towns Fund is helping Blackpool leaders realise their clear and detailed vision for their town.
“Up to £39.5m of funding will help give a new lease of life to much-loved tourist attractions as well as supporting the local business community to grow and thrive.
“These projects will help Blackpool to be a great place to live, work and visit while also strengthening the local economy.”