AN OLD marketplace that has been in disrepair since the 1980s will soon be brought back to life for the benefit of the community after a revival project received millions in funding.
Redruth Buttermarket has been awarded a grant of £2.75million from The National Lottery Heritage Fund which the Redruth Revival project says it will use to conserve the cluster of historic buildings and create a thriving community hub.
The Buttermarket was home to local businesses and market traders, but had gradually fallen into disrepair since the closure of the adjacent livestock market in the 1980s and the end of tin mining in the 1990s.
Today, this market town is celebrating following the announcement of The National Lottery Heritage Fund to revitalize the Grade II Listed buildings.
The Redruth Revival project aims to bring the Buttermarket into the 21st century by creating an economically thriving, cultural and community hub in the heart of the town.
It will conserve, repair and unlock the potential of this cluster of historic buildings and create new spaces for local businesses, affordable entry level workspaces and an all-year festival and events space.
A similar success has been seen at Redruth’s former grammar school which is now the Krowji creative space for businesses.
Judy Davidson, MBE and Chair of Redruth Revival said: "We are thrilled to receive this incredible support from The National Lottery Heritage Fund.
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"Thanks to National Lottery players across the UK, this money will help to revitalise the town centre and bring the community together.
"The High Street and town centre has suffered in a similar way that other industrial towns have seen.
"Through this regeneration, life will be brought back to our town centre and the Buttermarket complex; it will help to bring businesses, the community and visitors back into Redruth."
Stuart McLeod, Director England - London & South at The National Lottery Heritage Fund, said: "We are delighted that we can support Redruth Revival to transform its spaces and visitor experience for the future.
"The decline of our high streets and town centres has been very apparent over the years, even more so with the pandemic.
"We need to support our historic market towns to adapt and regenerate, and this project is a fantastic example of the local community leading the way to make this happen.
"The new space will play an integral part in the community of Redruth and offer a huge opportunity for locals.
"As an organisation, it’s essential that we invest in heritage such as this because it makes communities better places to live, creates jobs, supports the local economy and drives tourism."
Rebecca Barrett, Regional Director at Historic England, said: "We are delighted that this key project in the Redruth High Street Heritage Action Zone has secured vital funding from the Heritage Fund to allow it to turn an exciting vision into a reality.
"It means the Buttermarket will continue to be the heart of Redruth’s community and economy for years to come."
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