The first phase of the £18 million Levelling Up Fund project will see the demolition of several properties, including former shops and derelict sites.
The development will include:
• 38 new affordable homes
• An 800 square metre business enterprise hub
• Three commercial retail units
• Improved public spaces
The project aims to revitalise the town centre, boost the local economy, and create jobs.
Other projects funded by the Levelling Up Fund include the redevelopment of the former Sawmill and the transformation of Cooper Park.
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The council has committed to keeping the local community informed throughout the construction process.
Chair of Moray Council's Economic Development and Infrastructure Services Committee, Cllr Marc Macrae, explained there will be some short-term pain for long-term gain: "This is exciting progress for Elgin and the wider Moray community. The Levelling Up Fund is all about improving infrastructure and supporting town centre regeneration, and the South Street redevelopment is a great signal that Moray is up for this transformation.
"I'm looking forward to seeing construction on the project begin in early 2025, providing much-needed homes, business opportunities, and vibrant public spaces to our town centre. We appreciate that there will be disruption to South Street during the construction phases, with road closures necessary for safety. But I hope residents and visitors will appreciate this needs to happen to get the transformation we want to see in our region's capital. The council gives a commitment to make sure any disruption is communicated as effectively as possible and I thank folk in advance for their patience during any temporary work to help make Moray an event better place to live, work and visit."
