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Regeneration of former Liskeard Cattle Market site begins
The first
phase of work to transform the former Liskeard Cattle Market into a new
workspace for Cornwall’s thriving digital and creative sectors is getting
underway.
The Cornwall
and Isles of Scilly Local Enterprise Partnership (LEP) is supporting the
regeneration scheme with a £590,000 investment from the Government’s Local
Growth Fund, which includes funding for preparatory works.
The £4.4m
workspace project is being funded by the LEP, the European Regional Development
Fund (ERDF) and Cornwall Council.
Work to
demolish the derelict buildings and structures on site is starting this month
and is expected to last until the end of March.
The
construction phase of the scheme is due to begin in August and will see the
creation of a new building, called The Workshed, which will provide 17 flexible
units and collaborative workspace aimed at businesses working in the digital
and creative industries.
The project
forms part of a wider phase of development that will also deliver a new covered
market area for the town with high quality public space.
Glenn Caplin-Grey, Chief Executive of
the Cornwall and Isles of Scilly LEP, said: “The first phase of this hugely important project for Liskeard
is underway and we are thrilled to see work begin on what will be a very
exciting new development for the town and the LEP. It will support Cornwall’s
booming digital and creative industries and boost the town centre with the
creation of vibrant new public areas that can be enjoyed by the whole
community.”
The Cornwall
Council-led project is due to be completed in September 2022. Once developed,
the scheme is expected to add £1.2m a year to the local economy and support
around 33 jobs.
Sheryll Murray, MP for South East
Cornwall, whose constituency includes Liskeard, said: “The investment from the LEP via the
Government’s Local Growth Fund and other partners has meant this regeneration
project in the heart of Liskeard is now being realised. The scheme will not
only support employment opportunities within the town but also transform the
areas for community use.”
Mayor of
Liskeard, Rachel Brooks, said:
“Since the cattle market closed in 2017, the community in Liskeard has been
involved in shaping the future of the site. There is very strong support for
the Workshed and covered market space and we are delighted to see initial
demolition work begin. We are looking forward to seeing the project take shape
and for it to bring benefit to our town and the local economy.”
The LEP’s
investment is the latest from its £78m Local Growth Fund allocation secured
from the Government in recent years.
More recently, the LEP successfully bid for £14m from the Government’s Getting Building Fund to deliver £59m of projects across Cornwall, supporting 1,100 jobs over the next 18 months as part of Covid-19 economic recovery efforts.