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LEP’s Local Growth Fund unlocks Liskeard Cattle Market site
The
long-awaited regeneration of Liskeard Cattle Market is set to go ahead with the
support of a £590,000 investment by the Cornwall and Isles of Scilly Local
Enterprise Partnership.
The LEP’s funding
comes from the Government’s Local Growth Fund and is part of a £975,000 project
led by Cornwall Council to kick start the regeneration of the 1.4 hectare
council-owned site in the heart of Liskeard.
The cattle
market closed in December 2017 and since then work has been going on with
Liskeard Town Council, the community and other groups about how to transform
the site with a mix of uses that will support the vitality of the town centre.
The first
phase will involve the demolition of derelict buildings and cattle pens and the
completion of a detailed masterplan for the whole site.
This work is
expected to unlock a further £5m of Cornwall Council and EU funding to create The
Workshed, a new building at the town end of the site with 17 flexible units aimed
at Cornwall’s booming digital and creative industries sectors, supporting
around 33 jobs.
The adjacent
car park will be relayed and a new covered market area will be created,
together with high quality public spaces. A planning application will be
submitted shortly and once developed, The Workshed is expected to add around
£1.2m a year to the local economy.
The
investment has been welcomed by South East Cornwall MP Sheryll Murray, whose constituency includes Liskeard. She said:
“Liskeard Cattle Market represents a huge opportunity to create something
really special in the heart of the town and this Local Growth Funding is the
catalyst that will make that happen.”
Glenn Caplin, Chief Executive of the
Cornwall and Isles of Scilly LEP,
added: “This is an exciting project for Liskeard and the LEP and paves the way
for this site to bring added vitality to the town centre with new employment,
community facilities and public space. By enabling the creation of The Workshed
we are also supporting Cornwall’s fast-growing digital and creative sectors,
which are priorities for the LEP.”
Bob Egerton,
Cornwall’s Council’s Cabinet portfolio holder for culture, economy and planning, said: “This funding means that the master planning for the regeneration
project can move forward with exciting proposals for, among other things, a new
work space building aimed at Cornwall’s booming creative industry sector. We’ll
continue the conversation locally about how to deliver projects on this
important site that are consistent with the outcome of the community led
charrette and events where we’ve been engaging with residents and
partners. It’s important that we all work together to create a development
on this key site which complements what Liskeard already has to offer, boosts
the local economy and brings more local people and visitors into the town.”
Mayor of
Liskeard, Rachel Brooks, said: "The Town Council has been working
with Cornwall Council and others on community-led plans to ensure the
development of the Cattle Market benefits the whole of Liskeard. We're
delighted that the LEP has been able to make this investment to start unlocking
the potential of the site."
The LEP’s
investment is the latest from its £78m Local Growth Fund allocation secured
from the government in the last five years.
Other
projects include a recently announced investment of £700,000 towards new
workspace in Porthleven; £575,000 in seafood supplier Falfish in Redruth; an
£8.4m investment in Goonhilly Earth Station; £2m for creative industries workspace
at the Hall for Cornwall; £2m for business and incubation space in Newquay and
£1m towards energy efficiency and electric vehicle projects on the Isles of Scilly.
Image: Shows an artist’s impression of The
Workshed, which will provide new workspace for Cornwall’s digital and creative
industries sectors on part of the former Liskeard Cattle Market site.