We have agreed terms on behalf of the Borderlands Inclusive Growth Deal to purchase Caerlee Mill in Innerleithen to create a home for the new Mountain Bike Innovation Centre.
Together with the proposed Tweed Valley Bike Park and Trail Lab near Innerleithen, the Mountain Bike Innovation Centre is a key development for the South of Scotland and will be funded as part of the Borderlands Inclusive Growth Deal.
Facts and figures
- The UK Government is investing £19million into the project.
- This is part of its £265m investment in the Borderlands Inclusive Growth Deal, along with the Scottish Government investment of £85m in the Deal