The Architectural Heritage Fund would like to congratulate the Arkwright Society on receipt of the 2017 EU Prize for Cultural Heritage / Europa Nostra Award, in recognition of its project at Building 17, Cromford Mills in Derbyshire’s Derwent Valley Mills World Heritage Site.
The Arkwright Society is the AHF’s longest-established regular client – a £70,000 loan enabled the Society to buy Cromford Mills in 1979, over 200 years after the first mill was constructed. In the decades since, additional investment of more than £1 million in loans and grants has been provided to support the Society’s ongoing programme of work to conserve and find new uses for what was once a redundant and contaminated industrial site. Our support has also enabled the Society to find solutions to other buildings within the mill complex.
The 5-storey Building 17 is the largest Grade I listed building on the site. For this project alone, the AHF has provided a £25,000 Project Development Grant and a significant working capital loan of £510,000. This project is the first of four Masterplan phases which will ultimately allow the site to generate the income it needs to be self-sustaining.
Matthew McKeague, the Chief Executive of the AHF, said:
All credit to the Arkwright Society for their fabulous work over forty years to find a solution to Cromford Mills. The project shows the great potential for regenerating redundant industrial sites through adaptive reuse. The AHF has been a long term supporter of the project and the recognition by Europa Nostra is much deserved
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