There might not be enough funding to carry out the £1m regeneration scheme in Castletown square, the town’s authority heard on November 17.
The proposal involves new paving and lighting and creating a plaza-style seating area on the castle side of the square, which can revert to parking during the winter. Parking will be retained on the other side of the square with traffic entering and leaving on the George side of the Smelt monument.
Commissioners’ chairman Richard McAleer told the board: ‘The square plan is now going through Treasury for funding approval, they are not sure if there’s enough – [the regeneration fund] might have to be topped up.
‘There are two plans, ours and another [for a scheme in Laxey].
‘If both get approval, there will not be enough money. They are hoping it’s topped up. The start date is in March if everything goes to plan.’
Clerk Eddie Convery said work is expected to last until Christmas and during this time, deliveries to the George Hotel will be made using George Lane.
Kevin Weir, who is on the town’s regeneration committee, assured the authority that the finer details will be looked at if funding is approved.
He added 40 to 45 temporary car parking spaces have been identified in various areas near the town square, which could be used while work is being carried out.
Once the scheme is completed, he added: ‘It’s up to the board if they keep them as permanent or revert back.’
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