February 6, 2012 Insider Media.com
Investment proposals for Kirkgate Market in Leeds are to be scrutinised by the city council’s executive board this week. Funds totalling £500,000 have been earmarked to fund an investigation into the market’s future.
Members will be asked to look at a feasibility study for a revamp of the market on Friday (10 February 2012). Suggested work includes a modern extension to replace the 1976, 1981 and George Street shops and further refurbishment of the 1904 and 1875 halls while maintaining the outdoor market next to the indoor market.
The proposals involve the market being approximately 25 per cent smaller than it is today.
The report suggests that £500,000 of the annual markets surplus is earmarked which will be used to finance feasibility work and additional borrowing.
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