The iconic Market House in Penzance is set to undergo a major renovation.
The Penzance Regeneration Company (PZRC), a not-for-profit company established by the Penzance Town Deal board, bought Market House last year with a vision to revive this much-loved building.
This transformation will be achieved through an extensive programme of repairs to be carried out and paid for by Lloyds and a redevelopment by PZRC of the vacant east end of Market House to create a community and food hub using money from the Government’s Town Deal Fund.
Market House will shortly be encased in scaffolding which will stay in place until next spring whilst Lloyds repairs the outside of the building.
PZRC has been working with development manager Treveth; architect Poynton Bradbury Wynter Cole and design advisor Hemingway Design on designs and costings for the east end redevelopment. PZRC hopes to apply for planning permission early next year and start building works in the spring.
PZRC will be holding two public events in Penzance town centre on December 2 and 16 (venue to be advised) to showcase the concept designs for Market House, inform people about what’s planned and how food hubs have helped to regenerate other towns and cities.
Susan Stuart, a director of PZRC, said: “We believe that the Market House project has huge potential to help revitalise the town centre, support new businesses and benefit the local community and economy, as well as attracting more visitors.”