Trevor Osborne, the developer behind Buxton’s Crescent scheme, has said he is “delighted” that the final funding has now been secured for the long-awaited project.
The main phase of work, to convert the Grade I listed building into a 79-bedroom, five star spa hotel, will get underway in the spring now that the final £2 million needed has been agreed by the D2N2 Local Enterprise Partnership (LEP). In November, the Heritage Lottery Fund (HLF) provided £11.3 million.
Mr Osborne said: “The professional team is working hard with Vinci, our selected contractor, to get on site in the spring.
“The award of the D2N2 Local Enterprise Partnership to close the funding gap by contributing £2m was a tremendously welcome achievement and thanks are due to the enterprise of the LEP team, the two council leaders and the Member of Parliament.
“Many hands make light work it is true, but many hands have contributed to the remarkable achievement of the giant HLF funding and the provision of the gap funding by the LEP. I could not be more delighted.”