Investment News | 10 March 2021
£35m Elvaston Castle transformation
Detailed plans have been revealed for the proposed £35 million restoration and transformation of Elvaston Castle.
Following a public consultation, Elvaston Castle and Garden Trust, in partnership with Derbyshire County Council, is preparing planning applications to restore the 321-acre Derbyshire estate, including its many listed buildings and historic features.
Regeneration of the site, which will remain a free at the point of entry country park, is expected to create more than 170 new jobs and increase the number of visitors from its current 240,000 a year.
The money for the project will come from a mix of public and private investment, including bids to the National Lottery Heritage Fund, D2N2 Local Enterprise Partnership and substantial investment from the county council itself.
Councillor Tony King, cabinet member for clean growth and regeneration, said: “In normal times, Elvaston Castle and Country Park is enjoyed by people from all over Derbyshire so it's no surprise that so many wanted to contribute their own ideas, many of which have been included in our masterplan.
“We believe this restoration will secure the future of Elvaston Castle and Country Park for generations to come by making it a sustainable visitor attraction that can stand on its own two feet, saving millions of pounds for Derbyshire council tax-payers who currently pay for the upkeep of the estate.”