A bigger and better Brixham fish quay and market and a new hi-tech business park in Paignton are top of the wish list as Torbay bids for another £20 million in government funding.
Torbay Council has submitted its case to secure the cash from the Government’s Levelling Up Fund
The application, prepared by TDA, focuses on a programme of works that will extend the quay and market and create a new Electronics and Photonics Production Park.
The application has been supported by local MPs Anthony Mangnall and Kevin Foster and more widely across the community, including Torbay Together, representing partners from the business, public and community sectors.
Cllr Mike Morey, Cabinet Member for Infrastructure, Environment and Culture, said: “Investment in Brixham’s harbour and fish market would help secure the future of Brixham’s fishing sector which has been badly affected by Brexit and COVID-19."
The fishing proposal sets out how land will be reclaimed to extend the harbour and fish market. This project will include the delivery of an extra 7,000 sq m of quayside, creating additional landing space, enabling up to an extra five fishing vessels to off-load simultaneously. It also includes the construction of two new auction halls, doubling the current capacity. These investments could lead to an increase in landed fish value of up to £20 million per year within five years, creating a forecast 150 additional year-round jobs and more than £11 million of GVA per year in fishing and associated activities.
Building on this internationally recognised local expertise, investment in an Electronics and Photonics Production Park will provide new production and manufacturing facilities at Torbay Business Park.
A new purpose built 2,040 sq m production centre will accommodate the expansion of a local company, creating 175 new jobs and £18 million GVA. Furthermore, investment in infrastructure will unlock 1.2 Hectares of land, enabling the development of 3,700 sq m of much-needed manufacturing and production space. This will create an additional 100 high-value jobs in the medium term.
TDA is expecting to learn the outcome of the application in the autumn.
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