The planned redevelopment of Rothesay Pavilion has been boosted by the news that a £900,000 grant application will be progressed to the next stage.
The application was one of 97 considered by the Regeneration Capital Grant Fund (RCGF) investment panel earlier this month.
And while the news doesn’t mean the grant itself has yet been approved, it’s an encouraging sign for the Pavilion project team as they aim to complete a funding package of more than £7 million for the restoration of the famous building.
With a total of £14.4 million available from the RCGF, the panel’s members were clear that they would only consider applications which able to demonstrate that they meet the specific funding criteria of the fund, as well as its wider aims.
The RCGF has been developed by the Scottish Government in partnership with COSLA and local authorities and provides financial support to projects that will help to deliver large-scale improvements to deprived areas.
It focuses on projects that engage and involve local communities, and those that can demonstrate the ability to deliver sustainable regeneration outcomes.
The Pavilion team now has until September 8 to submit a second-stage application to the RCGF. In the meantime, the redevelopment plans will be submitted for planning and listed building consent shortly, with illustrations of the design available for public viewing in the Pavilion over the course of the summer.