£1.4m to help transform Llandeilo Market Hall into a high-quality development
£1.4m i drawsnewid Neuadd Marchnad Llandeilo yn ddatblygiad o’r radd flaenaf
Llandeilo’s Market Hall will be transformed into an innovative business hub for the town centre and wider community thanks to £1.4m from the Welsh Government and EU, Deputy Minister for Housing and Local Government, Hannah Blythyn has announced.
The investment will return the Grade II listed building into use and provide new employment space, conference facilities, café and a venue for Llandeilo’s growing and successful events calendar.
Constructed in the 1830s, the market has been a key part of Llandeilo’s history up until 2002 when it became disused. Currently in a poor state of repair, the market is on the ‘buildings at risk register’ having been classified as vulnerable in 2007.
The modern multi-use community space will provide suitable accommodation for SMEs wanting to re-locate to the town centre.
The investment is being made as part of the Welsh Government’s ‘Transforming Towns’ programme – which was launched last week.
Transforming Towns refocuses the Welsh Government’s efforts on revitalising town centres, transforming them to be to be fit for the 21st Century.
Deputy Housing and Local Government Minister Hannah Blythyn said:
“This beautiful architecturally important building which has served the community for so long is getting a new lease of life, and I look forward to seeing it flourish and grow.
“The Welsh Government has ambitious plans to transform towns like Llandeilo to make them fit for the 21st century. This £1.4m investment from the Welsh Government and the EU will help transform an empty property into a hub for new job opportunities. This will help attract more people into the town, which will increase footfall in Llandeilo’s wonderful array of shops and businesses – providing local businesses with a much needed boost.”
Cllr Emlyn Dole, Leader of Carmarthenshire County Council and Executive Board Member for Regeneration said its location and scale make it an ideal venue for businesses and community groups.
“We look forward to getting started on work to bring this historic listed building back in to use,” he said.
“Our economic development team has worked tirelessly to secure external funding to deliver the project, and a much-needed economic boost in one of our key rural towns. This space will mean more businesses can grow and thrive with modern, bespoke, facilities to work and collaborate.”
The investment is being made through the European Regional Development Fund and the Welsh Government.