Housing bosses will bring a former pub back into use as part of a £14 million regeneration scheme.
PlaceFirst housing, which is heading up the regeneration of the Woodnook area of Accrington, expects to finalise buying The Britannia on Nuttall Street this week.
Managing director David Smith-Milne said they were keen to buy the pub to make the area feel more like a community.
He said: “We want people to be invested in the area and one of the things people wanted was a good local pub. It’s central to having a vibrant and invested community.” He added that they would find a good landlord and carry out refurbishment work.
The news has been welcomed by ward councillor Tony Dobson. He said: “I think the plan is to use it as a base for communication and architects and refurbish it and turn it back into a neighbourhood pub. I think it’s good, a pub can be a real centre of the community.”
The pub is believed to have been shut for more than two years and Coun Dobson added there had previously been problems with anti-social behaviour there.
PlaceFirst is working to bring 200 empty properties in the area back into use and to regenerate the wider area.
The company is working to improve and refurbish the existing homes rather than demolishing them and David said they were keen to preserve the hand carved stone homes that were distinctive to the area. Phase one of the development is in progress and is expected to be completed by 2014.