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Economic Development

Council backs £9m regeneration of Devon town and construction of Aldi superstore

Full plans will now be drawn after councillors backed proposal for economic regeneration of town on fringe of Plymouth

How the Devon town of Ivybriege could be regenerated with addition of an Aldi superstore(Image: SHDC)

The Devon town of Ivybridge is to undergo a £9million regeneration which will include the building of an Aldi supermarket – but not a pub.

A full meeting of South Hams District Council agreed to take forward the proposals, which it hopes will result in an economic boost to reinvigorate the town.

Councillors closely examined the risks involved as well as the technical and economic viability of the project. The regeneration plans include , a proposal widely supported by local people.

It is estimated the proposed store could create between 30 and 40 jobs, with up to 100 shoppers able to use the store at any one time, and anticipated to use other town facilities while in the area. This is supported by 90 minutes of free parking offered at the store, although average store visits are 30 minutes, the council said.

How a regenerated Ivybridge town centre could look(Image: SHDC)
Small independent traders in Fore Street, Ivybridge, Devon(Image: Google)

It was agreed by councillors the plan would succeed in regenerating Ivybridge town centre and should now proceed to the detailed design stage required ahead of any planning application being made. If the project proceeds through to construction, the cost to the council is £9 million.

Cllr Hilary Bastone, SHDC’s deputy leader, said: “The decision to make this significant investment in this project is good news for everyone who has been involved in developing these proposals, including Ivybridge Town Council and Ivybridge Chamber of Commerce.

“The ongoing close consultation with local stakeholders means we can be confident we have a proposal, which truly represents what local people want and need.