Livestock Market redevelopment
Melton Borough Council, in partnership with Leicester and Leicestershire Enterprise Partnership, has secured £3.5 million of “Local Growth Fund” grant funding to replace and relocate the existing livestock buildings to help secure the future of the Melton Mowbray Livestock Market, the overall project budget is £5 million .
In March 2015 the Council issued draft layout drawings for the 4,295 sq m of new building and invited comments , following a period of consultation with market customers, visitors and other local stakeholders, Morgan Sindall the appointed contractors for the project have now submitted the planning application for Melton Borough Council for Phase 1 of the project.
Submission of the planning application is another milestone in the project to help bring about the changes at the Livestock Market to help secure its future at the edge of town location and ensure that the Market continues to contribute to the economic potential of the food and drink sector and wider rural economy, building on the nationally recognised brand of Melton Mowbray.
Cllr Joe Orson said:
“This is another significant step forward for the project, the market partners have been closely involved in developing the design to help ensure practicalities of running the Tuesday morning market are taken into account. The Council is also progressing negotiations with the auctioneers for a new 20 year lease."
We expect the replacement facility will help to retain the current levels of activity at the market and ensure that we continue to attract visitors to Melton Mowbray with the spin off benefits within Melton Mowbray town centre and supporting the local rural economy.
The next steps are to agree terms with the auctioneers and go out to the market for prices to build Phase 1.
If you wish to let us knows your views on the project, please email them to LivestockMarket@melton.gov.uk