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.