MALTINGS: Wiltshire Council hoping to buy land and buildings

MALTINGS: Wiltshire Council hoping to buy land and buildings

Published by Faye Tryhorn at 3:57pm 8th October 2019.

The authority's looking to set aside money for 'third party interests' in the area due for regeneration.

Wiltshire Council's Cabinet has already agreed to the idea of buying up property and land in and around the Maltings and Central Car Park area of Salisbury.

That decision now needs to go to Full Council next month for approval.

WHAT DOES THIS MEAN?

The Council already owns some of the land and buildings within that area, but wants to invest in the bits they don't, to make it easier for their redevelopment plans to go ahead with minimal delays.

What they haven't revealed is how much they want to set aside for purchases, or exactly which buildings and land we're talking about, due to commercial interests.

Library hotel plan Maltings CGI 1
The plans for the Maltings regeneration have been discussed for a number of years now

In addition to this potential investment, £6.1 million has been put forward by the Swindon and Wiltshire Local Enterprise Partnership (SWLEP) towards the whole redevelopment project in the Maltings.

WHAT'S PLANNED FOR THE MALTINGS? 

The first phase of the 'regeneration' for the Maltings area is set to be the building of a new library, hotel and gym on the corner of Fisherton Street and Malthouse Lane.

Planning permission for the former British Heart Foundation store was given the go ahead last month.

Maltings Original Factory Store redevelopment October 2019
Work's already started on the former BHF and Original Factory Store in Salisbury which is set to become the new library

The next phase would be to redevelop the Market Walk area and create a 'cultural quarter' centring on Salisbury Playhouse and the City Hall.

Pauline Church, Wiltshire Council Cabinet Member for South Wiltshire Recovery, said: 

"The Maltings regeneration area is a complex and challenging programme that has the potential to deliver a significant and exciting step-change to the experience of the city. This will benefit residents and visitors alike and provide important improvements to the city's housing, commercial and cultural offer. Cabinet's decision today is a step forward to achieving this. The possibility of acquiring third party interests could help unlock the redevelopment of Market Walk and the wider Maltings area helping Salisbury to prosper over the coming years."

Wiltshire Council will make a decision on the funding approval on 26th November.

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