Nearly £4 million will be spent on turning a former heliport in Holyhead into business units.
Up to 44 new jobs are expected to be created with the building of offices, storage and industrial space aimed at supporting Anglesey’s low carbon energy sector.
The site on the Penrhos Industrial Estate was used very briefly in the spring of 1985 for a helicopter shuttle service to Dublin which ran five times a day. Within just ten weeks of its launch, the service was wound up after running into financial trouble and all flights were grounded.
Around £2.3 million of EU funding is being spent on the Anglesey Council-led project, with the Welsh Government providing a further £1.5 million. Construction work is expected to start later this year with the units ready to open during late 2019.
Finance Secretary Mark Drakeford said: ”This investment will help ensure Holyhead has suitable infrastructure in place to enable businesses to flourish in the growing low-carbon sector and create prosperity for North Wales.”
Meanwhile, a further £818,000 will be spent on finishing the redevelopment of Holyhead’s Market Hall into a new library, business and community hub.
Overall, £4 million is being spent on transforming the 19th century civic building, once described as the most dilapidated of its kind in Wales. The Welsh Government has already contributed around £860,000 to the revamp.
Regeneration Minister Rebecca Evans said the funding was made possible by the Government’s £110 million Building for the Future fund, aimed at ”regenerating town centres and surrounding areas in Wales by refurbishing or redeveloping derelict or under-used land and buildings and bringing them back to life.”
She added: ”The redevelopment of the Market Hall will create an exciting new resource in the centre of town and contribute to work to regenerate the town centre.”
The Government has yet to announce what funding it will give to Anglesey Council to help deal with the damage to Holyhead Marina in the aftermath of Storm Emma in March.
But reacting to the announcements on the two projects in the town, Councillor Carwyn Jones – the Anglesey executive member for economic development, said: ”We are determined to grow the local economy and create more job opportunities on Anglesey. That’s why we’re working hard to attract private sector projects, more investment and funding which will aid regeneration on several fronts.”
“There are currently an unprecedented number of major private sector projects under development on Anglesey. We want to ensure that the necessary infrastructure is in place so that the Island benefits from these exciting business opportunities.”
”The new Market Hall will preserve an important civic building and a significant piece of Holyhead’s rich history. The refurbished building will also create a focal point for the local community and a meaningful space for its residents. It will also provide a home to a brand new library and serve as a hub to direct visitors to local tourism places of interest.”