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Guildhall, Corn Exchange and Market Square £55m Transformation

Ambitious plans unveiled to revitalise Guildhall, Corn Exchange and Market Square, promising long-term savings and accessibility improvements.

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Cambridge city centre is poised for a significant overhaul with the unveiling of plans for a £55 million Civic Quarter project. The ambitious scheme aims to revitalise the Guildhall, Corn Exchange and Market Square, creating a more accessible, sustainable, and vibrant public space.

The Guildhall will undergo extensive decarbonisation work, including the installation of air source heat pumps, solar panels, and a transition away from fossil fuels. This is projected to save the council around £1 million per year in running costs, even accounting for the initial investment.

The Corn Exchange will see previously hidden heritage features, such as brickwork, exposed to showcase the building’s history. The Market Square will be resurfaced using the existing listed granite setts, prioritising accessibility for all, including wheelchair users and families with pushchairs.

However, the project hasn’t been without controversy. Green Party councillors have questioned the wisdom of investing in such a large-scale project given the government’s plans to restructure local authorities in Cambridgeshire by 2028. They fear the improvements may become obsolete with a new administrative setup.

Market traders have also voiced concerns over plans to reduce the number of permanent stalls by two-thirds, replaced by flexible space for events and temporary gazebos. A petition signed by nearly 1,800 people is calling for the retention of more permanent stalls to safeguard the market’s viability.

Despite the opposition, Labour councillors leading the project insist the upgrades are essential, not only for carbon reduction but also for creating a modern, welcoming space for residents and visitors. They have pledged to work with traders to find solutions that ensure the market continues to thrive.

Further public consultation is planned for May, allowing residents and stakeholders to share their views on the evolving designs. This ambitious project aims to create a beautiful and functional civic heart for Cambridge, blending heritage with modern sustainability and accessibility.

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