Torridge District Council announced on 3rd March that it has been awarded £20,700,000 in capital investment with £250,000 revenue funding to support a number of projects to benefit residents across the district. The projects announced by government are being funded as part of the Community Regeneration Partnership Scheme and will support the Council’s strategic ambitions and deliver lasting benefits to Torridge.
The capital projects being supported by the Government are geographically spread across the district and cover a wide variety of themes:
Bideford Business Park (£2.6m) – acquisition and development toward high value manufacturing and engineering facilities.
Bideford Pannier Market (£1.475m) – modernisation and improvements to make fit for future and wider use.
Hatchmoor Industrial Estate (£1.6m) – The project will design a scheme, achieve the necessary consents and then deliver the services and infrastructure to site for future development of workspace for high value manufacturing and engineering facilities.
Holsworthy Agri-Business Park (£7.3m) – development of agri-related innovation, retail and professional space.
Appledore Clean Maritime Innovation Centre (£2m) – additional funding to support the build.
Agri-tech nutrient pilot scheme (£0.3m) – testing the adaptation of a slurry condensing unit to recover nutrients and reduce the pollutants going into rivers.
Westward Ho! Water Quality Monitoring Buoy (£01m) – Installation of water quality monitoring buoy to provide real-time water quality data for beach users, tourism businesses and for managers of environmental systems.
Cleave Wood, Bideford (£1.2m) – The design and delivery of site servicing and infrastructure as a first phase of a residential scheme in response to local housing needs.
Social housing decarbonisation and EPC rating improvements (£1.5m) – pipeline of works to improve 57 properties with E & F ratings to C or B.
Bideford Hospital (£0.75m) – reconfiguration site to create a “Community Health & Wellbeing Hub” with multi-purpose space.
The Globe Hotel, Great Torrington (£0.52m) – Initial capital works on Grade II Listed long-derelict hotel to redevelop into an 11-bedroom hotel and restaurant (in a town with neither) with a strong training presence.
Holsworthy Manor Offices (£0.725m) – Phased redevelopment inc. decarbonisation, remodelling to enable improved accessibility, flow and to increase opportunity for flexible community space (for example, co- working)
The ability to achieve such a diverse spread of projects and themes was made possible through the establishment of the Torridge Place Board. The Board, made up of 20 representatives from a cross section of local businesses and services, was established in February 2024. Since then, it has been responsible for steering a potential programme of works, designed to improve the long-term economic opportunities for the region and deliver positive environmental and health benefits to those people living in Torridge.
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