mobile-menu-arrow
Stories from the last 7 days
Gardener’s warning after severe sunburn shock Region recruits record number of probationer teachers Outrage at windfarm’s ‘mega turbines’ plan Dog theft warning Doctor shortage worry in Dumfries and Galloway £20k slide price comes under fire Cladding reassurances after tragic flats blaze Wood search man found Woods closed off in search for missing man Sadness at death of ‘inspirational’ music teacher 80s night success for charity champ Jackie Pupils in Parliament singsong Calves in mud drama Second day of hunt for missing man Hunt for missing man A ‘Guid’ time had by all Police probe assaults Tools worth over £3k taken from DGRI site Futuristic farmers Clean up campaign targets dog mess hotspots Great Big walkers stop off to see Dumfries projects Queen’s Birthday Honours come to region VIDEO: Region’s two MPs set for interesting times at Westminster Public will never agree on Whitesands project, say officials Gold rush as countries line up for contest Parkhead land sale netted £715k Bikers heading north, south, east and west Panel night will discuss immigration issues £1500 theft from cricket club Energy network upgrade complete Troupe joins the troops Work begins on new family restaurant ‘Friendly festival’ countdown begins ‘Shocking’ road death figures Cakes and cheers Election first for Joe Business break in Sanquhar plans to be revealed Man dies in M74 crash Dog walk ends in hole rescue drama Campaign launched to save parkland area Traders hit out at council £1000 charge demand Trust in bid to buy derelict riverside millSearch all stories »

Regions

Sections

More

Newsdesk: 01461 202 417 | Search
Change Language:
 
 

Read online with DnG Digital

£1 chance to be part of the town centre

Section:  Dumfries and West  | Tags: , , , , , , , , , , , , ,

A £1 STAKE in the regeneration of Dumfries Town Centre is set to be offered to the public — as part of an ambitious plan.

dumfries *** Local Caption *** dumfries

Community benefit society Dumfries High Street Ltd is to be formed this summer with the aim of buying properties currently owned by pension funds and bringing them into public ownership.

Matt Baker from The Midsteeple Quarter said: “The idea really is for this company to buy back the buildings in the High Street so that town stocks are owned again by it and not the pension funds.”

He added: “The idea is that this Dumfries High Street Ltd becomes a social landlord for the areas above the shops.

“And the shops in that Midsteeple Quarter, the idea is that they’re more oriented towards social enterprise rather than shops specifically.”

And Mr Baker says that the NHS are interested in having a presence on the High Street, and the University of West of Scotland are keen on establishing small business incubators.

Loreburn Community Council are on board to serve as a founding member of the enterprise.

Chairman Robin Wishart said: “We’re hoping that this will be a real community beast and will carry momentum.”

He added: “I’ve been involved in various attempts, but it’s always been more of a retailer focus and this is the first time it’s been with a real community focus and had a real residential aspect to it.

“So our fingers are crossed and we hope that all members of Loreburn Community Council become individual members of this high street take-a-share.”

Discussions have already taken place with council chief executive Gavin Stevenson and with Scottish Housing Minister Kevin Stewart MSP when he visited the town in March.

Although shares will be sold at the nominal amount of £1, giving the public a stake in the grassroots project, a process will be undertaken to secure funds with which to purchase the properties.

A consortium has been established including the Stove Network, and with Third Sector First playing a role co-ordinating a bid for funding from Heritage Lottery Great Place.

 

Share this story:
Shared 3 times.
 
 
Comments/editorial complaints