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Work is continuing to develop proposals for a new indoor market within the former Wilko building on Holton Road.
As part of the next stage of the project, market specialists have been appointed to carry out engagement with potential traders and market operators. This work will help us understand the types of businesses that may be interested in taking space within the market, how they would like to operate and what support may be needed to help create a vibrant and sustainable offer.
The findings will help shape a business model for the market and ensure future proposals reflect both demand and local opportunities.
We have also appointed architects and specialist market designers to develop detailed proposals for the layout and design of the market space. Their work will help transform the former retail unit into an attractive and flexible destination that supports local businesses and contributes to the continued regeneration of Holton Road.
Alongside plans for the ground floor market, we are continuing to explore options for the first floor of the building. No decisions have been made at this stage and further engagement will take place as proposals develop.
The project remains in the planning and development phase, with work ongoing to finalise the market design, operating model and business case. We are currently working towards having these plans agreed by the end of March, which will provide greater certainty around future delivery timescales.
The redevelopment project is being supported through external grant funding, with all expenditure incurred to date funded through grants rather than the Council's core budget.
Securing the building has provided an opportunity to explore new uses for a prominent town centre site, and the work currently underway will help ensure future proposals are informed by specialist expertise, stakeholder engagement and market demand.
We will continue to provide updates as the project progresses and share further opportunities for residents, businesses and stakeholders to get involved.
Work is continuing to develop proposals for a new indoor market within the former Wilko building on Holton Road.
As part of the next stage of the project, market specialists have been appointed to carry out engagement with potential traders and market operators. This work will help us understand the types of businesses that may be interested in taking space within the market, how they would like to operate and what support may be needed to help create a vibrant and sustainable offer.
The findings will help shape a business model for the market and ensure future proposals reflect both demand and local opportunities.
We have also appointed architects and specialist market designers to develop detailed proposals for the layout and design of the market space. Their work will help transform the former retail unit into an attractive and flexible destination that supports local businesses and contributes to the continued regeneration of Holton Road.
Alongside plans for the ground floor market, we are continuing to explore options for the first floor of the building. No decisions have been made at this stage and further engagement will take place as proposals develop.
The project remains in the planning and development phase, with work ongoing to finalise the market design, operating model and business case. We are currently working towards having these plans agreed by the end of March, which will provide greater certainty around future delivery timescales.
The redevelopment project is being supported through external grant funding, with all expenditure incurred to date funded through grants rather than the Council's core budget.
Securing the building has provided an opportunity to explore new uses for a prominent town centre site, and the work currently underway will help ensure future proposals are informed by specialist expertise, stakeholder engagement and market demand.
We will continue to provide updates as the project progresses and share further opportunities for residents, businesses and stakeholders to get involved.
