Restoration Of Bandstand Could Be Worth A Potential £2.2M To Town’s Economy
Bringing the bandstand in Todmorden’s Centre Vale Park back into use could bring in almost £2.2m to the local economy over three years according to a report commissioned by the Todmorden Town Deal Board.
Proposals from the Todmorden Community Bandstand Group (TCBG) for the redevelopment of this much-loved heritage asset form part of Todmorden Investment Plan, currently awaiting a decision from government. This research is a starting point towards a business case for the bandstand’s future purposes and benefits, which will be harnessed to develop an overall funding package for the bandstand’s future.
Researchers compiled a sample programme of the number, type and size of events that might be expected to be held at the bandstand and estimated likely attendance figures. These were then fed into an economic impact modelling process to produce an estimate of income from ticket sales and what the wider benefits would be for local businesses and employment.
James Duffy, Board member Todmorden Community Bandstand Group said:
“The hypothetical events programme that has been put together is very eclectic. In addition to brass bands, it incorporates every genre from classical to contemporary, mainstream to experimental, dance to spoken word and comedy. There could truly be something for everyone.
“The results of this analysis are very encouraging and show that the bandstand project could have a very favourable benefit to costs ratio. We hope this will strengthen the business case we need to make to secure funding for the restoration and to take things forward. We have always believed the Centre Vale bandstand has immense potential, and this report supports that view.”
Local consultants Tessa Gordziedjko and Sarah Ross carried out the research, working with Cumbria based, Global Tourism Solutions.
Find out more about the research here:
