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Hotel in St Ives receives half a million pounds from Government for regeneration

By CG_Caroline  |  Posted: March 07, 2014

Carbis Bay Hotel and Spa receives £525,000 Government grant for ambitious regeneration scheme

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A hotel in St Ives has received a grant of more than half a million pounds as part of the Government’s pledge to boost coastal towns.

The Carbis Bay Hotel and Spa, in St Ives, has been awarded £525,000 by the Coastal Communities Fund (CCF) to help support an ambitious multi-million beachfront regeneration project.

Planning permission has already been granted for the scheme, which will create more than 65 jobs, a water sports centre, conference and wedding room plus a community hub.

The vision is that the centre would make the area a focal point for the local community, as well as leisure and business visitors, supporting a year-round economy for the area.

It is one of more than 50 projects across the UK to receive a share of £27.7m through the Communities Fund, delivered by the Big Lottery on behalf of the Government.

Stephen Baker, project manager and owner of the Carbis Bay Hotel & Spa said: “We are absolutely delighted to have been awarded the Coastal Communities Fund grant – it will go a long way towards helping us deliver our flagship regeneration project and support sustainable economic growth in Carbis Bay.

“The beachfront regeneration will benefit the local community and local economy, and help to reduce the seasonality of the tourism industry in West Cornwall.”

Malcolm Bell, Head of Visit Cornwall added: “The awarding of the Coastal Communities Fund grant is excellent news not only for the Carbis Bay Hotel and Spa, but also for the wider Cornish tourism industry. Stephen Baker has shown confidence in investing in the hotel at a time when many other businesses are reluctant to spend, and once completed the beachfront development will be a huge asset to Carbis Bay, St Ives and West Cornwall.”

The overall development is being funded by direct investment from father and son owners of the hotel, Malcolm and Stephen Baker, supported by the grant and revenue from eight new beachfront apartments.

They have already spent £5 million in upgrading the hotel, which included a £750,000 spa which opened last year.

The next stage of the development will be phased over three years.

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  • robzrob  |  March 07 2014, 11:05PM

    I need regenerating too. Would settle for a lot less than £500000!!!

  • westwelsh  |  March 07 2014, 9:23PM

    All the money given to this "charity for business" will go back over the Tamar too!! Take back power from Westminster, vote Mebyon Kernow.

    |   -18
  • josdave  |  March 07 2014, 3:28PM

    To those that have they shall have more rule number one for this Tory government.

  • wringer  |  March 07 2014, 12:35PM

    i don't begrudge any business that wants to expand. however, couldn't this money have been spread out to a couple of the beach cafes that have been devastated by the tides? If they have already spent £5,000,000 of their own money one has to question if they really need this in the same way that a small business without access to anything like this much capital does.

    |   3
  • Restart  |  March 07 2014, 10:43AM

    It beggars believe that a private business is getting money from the lottery fund. The only people that are going to from this "investment" will be the business owners, who will make more money as a result. Utterly ridiculous.

    |   6
  • westwelsh  |  March 07 2014, 9:57AM

    It beggars belief that this place could get so much money when Cornwall's poor are starving and resorting to begging at food banks. More proof that the English are creating a Cornish genocide.

    |   -21