The next step in the redevelopment of Preston’s Markets is due to be approved next week.Advertisement
Councillors are to be briefed on where the multi-million pound vision for the Indoor Market and new cinema complex is up to.
Preston City Council want to demolish the current Indoor Market, Market Hall car park and Lancastria House to make way for a new cinema and restaurant venue, with the markets moving into a refurbished outdoor market.
Councillors are to be asked to approve further funding, more than £100,000, to keep the scheme moving.
A planning application is being drawn up for the scheme and major funds are now needed to piece together the masterplan for the site.
Leader of the city council, councillor Peter Rankin, said: “We are making good progress with the markets quarter development. Plans for both the new market hall and cinema development are advancing as planned toward the submission of planning applications.
“This report deals with financing and the appointment of partners and consultants to assist in that process.”
The report has been restricted from the public due to it containing sensitive commercial information, so the full council is to meet behind closed doors.
In late October last year it was announced the architects for the scheme has been changed.
Frank Whittle Partnership, working with Greig and Stephenson, took over from IBI Taylor Young.
An extraordinary meeting of the city council will meet on Tuesday 12 January to consider the update on the Markets.
Restoration work on the grade-II Covered Fish Market is due begin on Monday 18 January, regardless of the outcome of Tuesday’s council meeting.
What do you think on the latest on the Markets development? Let us know in the comments below