Plans to develop town market given go ahead
A plan to turn part of a historic cattle market into a potential cultural destination for food lovers has been given the go ahead.
Melton Borough Council's planning committee has granted permission for redevelopment of The Stockyard at Melton's Cattle Market.
The work will include the addition of a new events space and four new buildings.
The council has said the scheme would create 110 permanent jobs, attract an estimated 50,000 extra visitors and support the growth of the food production sector in the town.
Three of the new buildings in the scheme are open plan hubs where businesses can produce food and sell it fresh to visitors.
The fourth will be the new three-storey anchor building, which planning documents say will be for manufacturing, production and educational uses.
A new car park and toilets will also be built and the existing trader hall will be improved.
The council said work was planned to begin in the spring and it is taking inquiries from potential occupiers of the new units.
It is part of a wider project with Rutland County Council under the Rural Innovation in Action scheme, which received combined UK Government Funding of £22.95m.
Council leader Pip Allnatt said: "The scheme is a transformational development that enhances the existing site.
"We will be able to increase and improve the food manufacturing and education aspects on site, and we'll also be adding new public toilets with a changing places area – a facility the local community has voiced the need for.
"The planning approval represents a significant milestone, and we'll be keeping stakeholders up to date on progress."
The site hosts events including the East Midlands Food Festival, Piefest and the Artisan Cheese Fair.
Follow BBC Leicester on Facebook, on X, or on Instagram. Send your story ideas to eastmidsnews@bbc.co.uk or via WhatsApp on 0808 100 2210.
Popular market could be redeveloped under new plans
Melton Borough Council
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
39 minutes ago
- Yahoo
How much did Drake make on the Dave's Hot Chicken deal?
Like Toronto rapper Drake, the founders of Dave's Hot Chicken started from the bottom. This month, they may have all cashed in together. On June 2, the high flying chicken chain, which counts the music superstar as an investor, sold a 70 per cent majority interest to private equity firm Roark Capital in a deal that reportedly valued Dave's at US$1 billion (the deal's exact terms weren't disclosed). Atlanta-based Roark is known for its portfolio of major restaurant brands including Subway, Arby's, Dunkin' Donuts, Baskin Robbins and Buffalo Wild Wings, among others. The sale capped a dramatic rise in the fortunes of childhood friends Arman Oganesyan, Dave Kopushyan, Tommy Rubenyan and Gary Rubenyan, who pooled US$900 together in 2017 to start a pop-up selling Nashville-style chicken out of a parking lot in Los Angeles. After six months of hour-long lineups thanks to word of mouth and social media buzz, the company started slinging its tenders, sliders, fries and kale slaw out of its first bricks-and-mortar store in an East Hollywood strip mall. Eight years later, franchising has helped Dave's Hot Chicken grow exponentially into 315 store locations in the United States, Canada, the United Kingdom and the Middle East. Along the way, the chicken chain has benefited from a cult following and a troop of celebrity investors including Drake, who bought his minority stake in 2021. There's no doubt Drake's hype and social media buzz — the rapper has 142 million Instagram followers — has played a part in Dave's Hot Chicken's meteoric ascent. For the last three years, the superstar has celebrated his birthday on Oct. 24 by sponsoring a free chicken giveaway at Dave's Hot Chicken locations in Toronto. The latest valuation also marks a big jump from Dave's Hot Chicken's first deal in 2019, when the four co-founders sold a 50 per cent stake in the business for $2 million to a group of investors led by Bill Phelps, who became the company's chief executive, and movie producer John Davis. The investor group included such celebrities as actor Samuel L. Jackson, journalist Maria Shriver, television host and former NFL player Michael Strahan and Boston Red Sox chairman Tom Werner. The four co-founders reportedly split the remaining 50 per cent stake. At the time of the Roark Capital deal, Forbes reported that Phelps and Davis were the company's largest shareholders with 'roughly equal stakes' (though both declined to reveal exactly how much they owned). Each of the four co-founders owned around 10 per cent of the business and sold 80 per cent of their stakes, netting a cool US$80 million each (before taxes), according to Forbes. So, how much did Champagne Papi make off of the deal? Bloomberg reported that Drake was among the company's biggest investors when he bought his minority stake in 2021, but his exact ownership percentage and how much he paid for it has never been disclosed. If the founders owned a combined 40 per cent (10 per cent each) before the deal and Phelps and Davis were the biggest shareholders with roughly equal stakes, Drake would have to own less than 20 per cent of the chicken chain, with the likely total being much lower than that. With each percentage point worth a cool US$10 million, even a five per cent stake would be worth US$50 million. The Financial Post reached out to Dave's Hot Chicken for comment about whether Drake sold any of his shares as part of the deal, but did not receive a response. Dave's is not Drake's first foray into the food world, but it appears to be his most successful restaurant investment to date. The rapper has opened two Toronto eateries in the last decade: Frings, a venture with chef Susur Lee and his sons that opened in 2015 and closed three years later, and Pick 6ix, a sports bar that opened in early 2018 and closed by the end of 2019. 'I tried the food and it was amazing': Drake buys stake in Dave's Hot Chicken chain Tim Hortons partners with actor Ryan Reynolds on breakfast boxes The rapper has also reportedly invested in green tea retailer MatchaBar and plant-based chicken company Daring Foods Inc. (the same year he bought his stake in Dave's) and collaborated with U.S. entrepreneur Brent Hocking to launch his own whiskey brand (Virginia Black) and champagne (Mod Sélection). • Email: jswitzer@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Eater
4 hours ago
- Eater
A Bagel Shop Bows Out of Manhattan After Over a Decade
Skip to main content Current eater city: New York After 11 years, Baz Bagel, located at 181 Grand Street, at Mulberry Street, in Little Italy, is bowing out. An announcement went up on Instagram this week: The last day is June 22. Owner Bari Musacchio confirmed the news to Eater, adding that she had previously lived above the restaurant, but after 20 years in the neighborhood, she had moved on and it felt like a 'natural time' to do the same with her business. She has passed the keys to an uptown bagel operator, to be announced soon. 'We knew bagels would continue to thrive on Grand Street, so finding the right operator was key — especially one that could keep our amazing staff on board,' she says. 'We're incredibly proud that our small neighborhood shop made its way into some of NYC's biggest moments — whether it was serving the Knicks, Liberty, Rangers, being part of WWHL, Fleet Week, or collaborating on so many iconic events over the years.' Williamsburg's Titi's Empanadas opens today, Friday, June 13, in the East Village at 130 E. Seventh Street, near Avenue A, EVGrieve reports. Owners Jesus Villalobos and Nate Ramm — related to the family behind the Venezuelan restaurants Cachapas y Mas — have expanded to a location that includes lunch, dinner, and weekend late night. Hours are from 11 a.m. to 11 p.m. Sunday through Thursday and until 4 a.m. Friday and Saturday. The menu lists empanadas as well as a $29 empanada flight; sandwiches like chopped cheese and cachapas; desserts, juices, and baked goods, as well as coffee drinks, beer, and wine. A soufflé shop, Fluffy Fluffy, has opened in the East Village at 153 First Avenue, at East 10th Street. The shop already has U.S. locations in New Jersey, Texas, Florida, and Georgia, where it offers drinks like matcha mango lattes, soufflés in flavors such as cookies and cream or crème brûlée, croissant-waffle mash-up sandwiches, and more.
Yahoo
6 hours ago
- Yahoo
Hong Kong rights group shuts down after years of advocating for workers
HONG KONG (AP) — A Hong Kong group that advocated for workers rights for decades announced its shutdown abruptly on Thursday, citing financial difficulties and debt issues. China Labor Bulletin planned to stop updating its website content and appeared to have deleted Facebook and Instagram social media accounts used by the nonprofit rights organization. 'The company can no longer maintain operations and has decided to dissolve and initiate the relevant procedures,' it said in a statement on an archived web page Friday. Founded in 1994, organization maintained a database tracking workers' strikes, protests, workplace accidents and other labor rights incidents in China. As dozens of civil society groups disbanded or left Hong Kong in the wake of the 2020 Beijing-imposed national security law, China Labor Bulletin continued providing valuable resources for journalists and academics in the southern Chinese city. Critics say the drastic political changes in Hong Kong indicated the decline of Western-style civil liberties that China promised to keep intact when the former British colony returned to Chinese rule in 1997. However, Beijing and Hong Kong governments insisted the law was crucial to bring stability to the city following massive anti-government protests in 2019. China Labor Bulletin's founder Han Dongfang, a former railway worker who participated in the 1989 Tiananmen Square protests, did not immediately respond to a request for comment from The Associated Press. He told the Central News Agency of Taiwan that the shutdown was his decision and he would stay in Hong Kong. Han's decision appeared sudden to many Hong Kong civil society observers. Three weeks ago, he wrote on social media platform LinkedIn about his work anniversary and his team's progress. 'Let's keep our faith up at this abnormal time and continue our important work,' he said.