A BORDERS town is set to receive a £1.2m economic shot in the arm this week.
When members of Scottish Borders Council (SBC) meet on Thursday (August 31) they will be asked to approve a full business case for the rejuvenation of Coldstream.
The plan is to develop council-owned vacant employment land at the Coldstream Business Park.
The proposed development would comprise of three workshop units based on the design of existing units, which were built in 2015.
These new units will provide 333 square metres of industrial space at an estimated cost of £1,201,268 and will be built by July 2024, creating nine new jobs in the process.
Funding for the project is to come through the Borderlands Inclusive Growth Deal, an agreement between the Scottish and UK governments, and the five Borderlands local authorities – Carlisle City Council, Cumbria County Council, Dumfries and Galloway Council, Northumberland County Council and Scottish Borders Council.
A follow-on project under the programme will see the servicing of land at Burnfoot in Hawick in 2025-26.
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