Disappointment over withdrawal from Fort William waterfront development plans

21 April 2010

Highlands and Islands Labour MSP Peter Peacock is disappointed that plans to develop Fort William's waterfront have been withdrawn by the developers.

Fort William Waterfront Ltd say their decision is linked to the current global economic situation which dictates that this scheme is not capable of being funded in todayís market.

Mr Peacock said: "This is very disappointing news.

"Itís a difficult time to secure major investment in a global recession, however I urge Highland Council to keep the aspiration of a major waterfront development firmly on the agenda for when investment options become easier."

 

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