Extra funds boost Gravesend market hall regeneration
PUBLISHED: 10:28 09 March 2016 | UPDATED: 10:28 09 March 2016
An extra £50,000 grant was announced on Saturday
Gravesend’s historic market hall received further backing last week on top of the £1.8million investment it has already seen.
A further £50,000 has been contributed to the indoor market’s redevelopment.
Considered one of the oldest market halls in the country, the historically significant building even features a statue of Queen Victoria.
The money, from the coastal communities’ fund, is aiming to create a business hub in the town, which could bring visitors to Gravesend all year round.
It is expected to bring more than 30 jobs to the local area, following the initial announcement of the funds in January 2015.
Cabinet member for business development at Gravesham Borough Council, Samir Jassal, thanked the fund.
He said: “This is great news. We are extremely grateful that the coastal community fund has allowed us a further investment of £50k on top of the £1.8million already allocated to the refurbishment of the Gravesend borough market, which aims to create jobs, attract investment and boost the local economy.”
Work began on the market in June last year, as the market is to be revitalised, while maintaining its historic features including its statue of Queen Victoria, which will undergo refurbishment.
£20,000 has been put aside for the cleaning and restoration for the statue of the monarch.
The market closed temporarily closed its doors on June 6 last year to begin the restoration works.
Since then, the St George’s Shopping Centre has been used as an alternative for the borough’s indoor market place.
Communities minister Mark Francois said: “We’re determined to unlock the enormous potential of our Great British coast.
“Over the past three years, we’ve already funded more than 200 projects along the shorefront- from piers and promenades to shop-fronts and sailing centres – to attract tourists, boost jobs and create vibrant local economies.
“Now this extra £800,000 will help put another eight coastal communities back on the map and kick-start their own exciting regeneration plans.”
The fund is managed by the Big Lottery on behalf of the government.