Developer Trevor Osborne is committed to Buxton’s Crescent project and will not walk away from the long-awaited scheme, he told a packed public meeting last week.
The project to convert the Grade I listed building into a five star spa hotel has been hit by a number of problems over the last few years but Mr Osborne said he is determined to see it through.
He said: “You’re concerned as residents, of course you are.
“The Crescent was empty for a long time before I came along. I came along after failed opportunities to get anyone to do anything with it.
“If you think I’m going to back out now when I owe it to Buxton to see this through, you’re mistaken.
“I want this to happen, I want it to succeed. If you think I’m doing it for commercial reasons think again.”
Contractors have been appointed to carry out the main part of the works, with negotiations now underway to set the budget for this section of the project, Mr Osborne told the meeting, held at the Octagon.
Interior designers have created visuals of their idea for how the inside of the hotel will look, with the spa having a modern feel.
There will be three swimming pools inside the building, with one on the roof and the town’s best-known resource being used to its full potential as the heat from the thermal water is to be used by the hotel, with permission of Nestle, owners of Buxton Water.
Work is also ongoing to secure funding for the project, with trustees from the Heritage Lottery Fund visiting the Crescent last week for an update, Mr Osborne said. It was hoped to have all the financial matters wrapped up by the end of the month, the meeting heard. However, there was no mention of when the project will be finished.
Once complete, the project will deliver a 79-bedroom spa hotel as well as six specialist shops.
It is being funded by High Peak Borough Council, Derbyshire County Council, the Heritage Lottery Fund and English Heritage, as well as its developer Buxton Crescent Hotel and Thermal Spa Co Ltd.