A MULTI-million pound development which will create hundreds of jobs and secure the future of Malton's livestock market has been submitted for planning permission.
First unveiled last year, the project includes an interlinked package of development proposals which will provide for the relocation of the livestock market to a new Agri Business Centre and Business Park on land adjacent Eden Camp, creating around 800 – 1,000 new jobs.
The development will in part be funded by residential development on land at land at Westgate, Old Malton and Pasture Lane - the Showfield site, and land at Rainbow Lane at Peasey Hills in Malton
Commercial Development Projects in partnership with Malton and Ryedale Farmers Livestock Market Company Limited and Fitzwilliam Trust Corporation submitted the planning applications to Ryedale District Council this week.
It is hoped that the plans will be discussed by the planning committee in July, with work to start before the end of the year if permission is granted.
Charles Vyvyan ,on behalf of Commercial Development Projects, said “The application proposals respond to the strategic objectives of the recently adopted Local Plan Strategy in that they will secure the long term future of the livestock market, facilitate new employment development and provide new homes.
"We are very excited to be working with Ryedale District Council, Local Enterprise Partnership and other local stakeholders to deliver development which will ensure that Malton and Norton remains the economic heart of Ryedale.”
Uncertainly has surrounded the future of Malton livestock market after the lease on the existing site expired last October.
Negotiations with the Fitzwilliam (Malton) Estate, which owns the land, later secured a free rolling lease while a new location as secured.
Pat Foxton, on behalf of Malton and Ryedale Farmers Livestock Market Company Ltd, said he was very pleased to see that a planning application for a new livestock market has now been submitted.
"We have worked closely with Commercial Development Projects and we are very excited by the proposals that are being put forward. We think the proposals are good for the town and the whole of Ryedale," he added.
"The retention of a livestock market is critical to the health of an agricultural market town such as Malton and we believe a new purpose built facility will be the catalyst for more job creation as other companies and organisations will want to locate next to ourselves.
Mr Foxton said: "We have already had numerous enquiries from various individuals, educational establishments and companies expressing their interest in the new location and giving us their support. We will be sending all our supporters an update on the new Livestock Market Business plan in the next few weeks with a programme for when we will be looking to start on site.”
A spokesperson on behalf of Fitzwilliam Trust Corporation, said: “We are very pleased to be working in partnership with Commercial Development Projects and believe that these planning applications not only satisfy the immediate requirement to save the livestock market but also make a significant contribution to the long term future of Malton and the wider Ryedale area.
"We are taking a long term view and are committing to an immediate cross subsidy from early residential sales to allow not only the investment in the Livestock market but also the necessary up- front investment required to deliver the new business park on land adjacent Eden Camp.”
The submission of the applications follows a public exhibition in December 2013 at which 93% of those who made formal comments expressed support for the proposals.
Concerns were expressed in respect of traffic and flooding at an additional pre-application consultation last month, however updates were also provided by the Commercial Development Projects design team and both the Environment Agency and Internal Drainage Board towards ensuring that the proposals do not exacerbate existing problems.
All of the planning application documents, including a comprehensive Environmental Impact Assessment, will be available to view at Ryedale District Council offices and online at www.ryedale.gov.uk