“The LLEP’s Local Growth Fund has been extremely successful for the Leicester and Leicestershire area. This unique project supports the objectives of the LLEP in relation to growing the rural economy and investing in market towns.
The outcome of this project is fantastic and the state-of-the-art Melton Livestock Market is a key economic asset to the town.”
– Nick Pulley, former LLEP Chair
Improvements have been made to the existing seven hectare (ha) Melton Mowbray Livestock Market in order to meet Defra requirements and ensure the continued operation of this key economic asset for the town.
Investment has safeguarded the market, and provided modern facilities to allow its continued operation over the next 20 years. It will help to maintain visitor numbers, support the rural economy and provide economic benefits to Melton Mowbray town centre.
The improvements have enabled the site to be rationalised. The 1.7 ha opportunity site adjacent to the town centre has been included in a second phase project to create a new food, drink hub for the local economy.
|Project sponsors||Melton Borough Council|
|Start date||April 2016|
|End date||March 2017|
|33,980m² of site reclaimed, (re)developed or assembled.|
|191 Jobs created in connection to the improvement works.|
|4,295m² of commercial floor space constructed.|
|£30.4m follow-on investment at site.|
|New cattle pens that comply fully with incoming Defra regulations and allow the market to continue to operate at current levels.|
|a secure long-term future for a key asset and a vital component in the rural economy in Leicestershire and the wider East Midlands.|
|A reconfigured site providing enhanced division between livestock and visitors, resulting in improved flows and greater safety across the site.|
|Unlocking the potential of the Opportunity Site through demolition and infrastructure works.|