Historic Cornish foundry to forge new future with £4 million grant
From the WMN:
Harvey's Foundry in Hayle is looking to a brighter future
A suite of buildings which helped form the crucible of the industrial revolution in Cornwall are to be brought back to life thanks to a £4million cash injection.
The project in Hayle could see the dilapidated buildings brought back into daily use and create dozens of new jobs.
Brian Capper, chairman of Harvey’s Foundry Trust, said the whole town would be celebrating the award from the Heritage Lottery Fund (HLF).
“We are delighted that our bid has been successful.
“There is much work still to do to secure match funding and finalise the details but this grant is a massive show of support for the trustees, staff and supporters of the trust and I congratulate them all and thank them for their efforts.”
The foundry is part of the Cornish Mining World Heritage Site, which was established in 1779 and for over 200 years was renowned for Cornish ingenuity and engineering excellence.
During the Industrial Revolution, it powered heavy industries ranging from mining to ship-building. However, as the Cornish mining industry collapsed the company went into decline. In the early 1900’s it was closed and the site was subsequently divided up and sold off. As the fortune of Hayle demised, so did the site with buildings being abandoned and subjected to arson attacks.
The money from the HLF will conserve and adapt for commercial use the remaining derelict Grade II listed buildings.
Nerys Watts, head of HLF South West, said great things were ahead for Harvey’s. “The successful regeneration of Harvey’s Foundry keenly demonstrates how heritage-led regeneration can directly spur local economic growth,” she said.
“However, these types of historic buildings are not without their financial challenges and so the Heritage Lottery Fund is giving communities the tools they need to attract investment. “This grant represents the final piece in the jigsaw for Harvey’s that will see it return to the centre of Hayle’s local economy.”
It is hoped the grant will unlock the potential of the final two historic buildings on the site, funding vital repairs that will enable them to be converted to office space. These buildings will then have the potential to attract an additional £4million of private investment that will boost Hayle’s local economy and potentially create 84 new jobs.
The HLF has awarded the grant through their innovative Heritage Enterprise programme and it will herald the final phase of the 10 year regeneration of Harvey’s Foundry. The regeneration has already seen this derelict, yet historically important, site transformed into a vibrant centre housing forty businesses that have generated over 150 jobs.
HLF’s Heritage Enterprise programme addresses so called market failure - where buildings have previously failed to attract investment or realise their commercial potential because the cost of repair has meant that they were not commercially viable. The lottery investment aims to bridge the financial gap, enabling vital repairs and conservation works to transform the remaining buildings at Harvey’s.
John Pollard leader of Cornwall Council and a Hayle councillor said: “I congratulate all involved in achieving this grant from the Heritage Lottery Fund. “This is one of the first Heritage Enterprise grants in the South West and will enable Harvey's Foundry Trust to continue the regeneration of Foundry Lane and provide much needed work space.”
Now that the grant is approved a much more detailed stage two bid process will begin and further consultation events will be arranged.
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