The long-awaited £2.14m regeneration of Bourne town centre will finally be completed next week after eight years of planning.
The redevelopment project, led by South Kesteven District Council, includes the complete refurbishment of Wherry’s Mill and building a new adjoining development.
The project includes seven ground-floor shop spaces and 14 first- and second-floor apartments.
Original ideas for a £27m scheme to dramatically change the centre of Bourne emerged in 2005 and work was scheduled to start in 2007.
But a planning application due to be made in September 2005 never materialised and then the district council parted company with its original contractor, Nottingham-based Henry Davidson Developments.
Work on a scaled-down project began in May this year.
South Kesteven District Council’s property development manager, Neil Cucksey, said: “We are behind where we would have liked to be at this stage, but despite what has been a great summer weather wise, we were hampered between January and May when we had poor weather and freezing conditions.
“However, this delay has not increased the costs and we are still within budget.
“We are buoyed further by the fact that the four apartments within Wherry’s Mill are sold subject to contract, we have active interest in all the new build apartments to either buy or rent and six of the seven retail units have interest.
“What is important to remember is that this development has preserved a historic landmark in the town for future generations, will provide high quality town centre living accommodation and purpose built retail units just off the High Street, as well as a landscaped area primed for development at a later stage and an improved roadway.”
The additional work still to be completed includes the addition of a turning head on Wherry’s Lane and realignment of the junction with Burghley Street. Wherry’s Lane will also be kerbed and resurfaced.