A hotel in St Ives has received a grant of more than half a million pounds as part of the Government’s pledge to boost coastal towns. The Carbis Bay Hotel and Spa, in St Ives, has been awarded £525,000 by the Coastal Communities Fund (CCF) to help support an ambitious multi-million beachfront regeneration project. Planning permission has already been granted for the scheme, which will create more than 65 jobs, a water sports centre, conference and wedding room plus a community hub.
Malcolm Bell, Head of Visit Cornwall added: “The awarding of the Coastal Communities Fund grant is excellent news not only for the Carbis Bay Hotel and Spa, but also for the wider Cornish tourism industry. Stephen Baker has shown confidence in investing in the hotel at a time when many other businesses are reluctant to spend, and once completed the beachfront development will be a huge asset to Carbis Bay, St Ives and West Cornwall.” The overall development is being funded by direct investment from father and son owners of the hotel, Malcolm and Stephen Baker, supported by the grant and revenue from eight new beachfront apartments.
Comment: It seems a little odd that to regenerate St. Ives which seems somewhat over-dependent on tourism – more funds are invested in tourism! And should more beachfront apartments be encouraged? Are there not enough, nay too many such premises in St Ives?