Decision on Shrewsbury Flax Mill cash imminent
Monday 25th April 2011, 11:30AM BST.
The fate of a £300,000 bid to the Heritage Lottery Fund to help regenerate Shrewsbury’s historic Flax Mill is due to be revealed imminently.
If successful the cash will unlock up to £12.5 million to regenerate the site.
The outcome of the bid is scheduled to be released within the next few weeks, meaning officials from Shropshire Council can plan for the next stage of the project if it is successful.
It follows news of the town’s bus depot being snapped up by Shirehall chiefs in a £2.3 million deal after four years of negotiations – paving the way for the redevelopment of the site which houses the oldest iron framed building in the world.
A deal between Shropshire Council bosses and transport firm Arriva will see the bus depot in Ditherington demolished to make way for the £30 million redevelopment of the Flax Mill site.
The sale figure is £1.2 million less than a compulsory purchase order put on the site in 2007 by the former Shrewsbury and Atcham Borough Council would have cost.
Shropshire Council officers have described it as a “significant saving”.
The bus depot is expected to move to a new site next to the Tesco Extra store and Park and Ride site in Battlefield Road which should be built by spring 2012.
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