Vision for Penzance’s Iconic Market House

In the heart of Penzance lies the historic, Grade I listed Market House building, which was acquired last year by the Penzance Regeneration Company (a not-for-profit company established by the Penzance Town Deal board) as part of their vision to transform the vacant east end into a vibrant mixed used facility.

The building was originally completed in 1838, and its prominent dome forms a defining landmark of the Penzance skyline. The building is currently split into two sections; with an operating Lloyds Bank branch in the west section and the vacant east end that overlooks Market Jew Street.

The transformation project will breathe new life into the building through the creation of a world-class inspired community and food hub and the adaptations will make the building fully accessible.

The project forms an integral part of the Penzance Town Investment Plan and will be supported by the first share of the Town Deal fund which has been released to Penzance by the Government. This £3.6 billion of funds, is allocated to towns across the UK to encourage economic growth and regeneration.

We have commenced early stage planning and design work, including research into the physical and social history of the building, which has led to a collation of historic images, drawings, paintings, and original building plans.

The building has had many uses over the years; originally designed as a market hall and guildhall, with prison cells below, it has also been used as a Corn Exchange, theatre, and retail facility. Dramatic alterations to the west end in 1925 preceded its use as a bank.

Detailed building surveys are being carried out, including a laser and photogrammetry survey to digitally record the building’s ornate, historic features and understand its condition.

More information available here.