Plans for a new £17 million development which would see the relocation of Malton’s livestock market and the creation of up to 100 jobs have been submitted to Ryedale District Council.
If approved, the inter-linked package of planning applications would see the market moved to a new Agri Business Centre and Business Park on land near Eden Camp modern history museum, Old Malton, creating between 800 to 1,000 new jobs.
The development will be partly funded by residential developments on land at the showfield on Pasture Lane, Malton; Westgate, Old Malton; and Rainbow Lane, Malton.
Around 300 houses would be built.
The submission of the applications by Commercial Development Projects, Malton and Ryedale Farmers Livestock Market Company Limited and Fitzwilliam Trust Corporation comes after a public exhibition in December which saw 93 per cent of respondents express support for the proposals.
Concerns were raised, however, about traffic and flooding, although the partnership behind the developments say progress has been made with the Environment Agency and Highways Agency, among others, to ensure the proposals are acceptable on a highways perspective and will not pose an increased risk in flooding.
Residents in Old Malton and Malton Town Council have also taken part in the pre-application consultation.
Charles Vyvyan, 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 which will create 800 – 1,000 new jobs for local people and provide around 300 new homes, including around 45 affordable 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.”
Pat Foxton, of Malton and Ryedale Farmers Livestock Market Company Limited, added: “I am 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.
“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 our-selves.
“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.”
The retention of the livestock market in Ryedale is an objective of the recently adopted Ryedale District Council Local Plan Strategy.
All of the planning application documents, including a comprehensive Environmental Impact Assessment, will be available to view both online and at Ryedale District Council offices.
The development partnership hope that the planning applications will be presented to Planning Committee in July and, if planning permission is granted, development would start before the end of the year.