A masterplanning exercise in Kirkcaldy has identified a number of key development sites in the Scottish coastal town.
The current proposals for the site which is currently a car park include a multiplex cinema, boutique hotel and residential flats.
The Kirkcaldy Renaissance, backed by the council, is also in discussions with interested developers about extending the Mercat shopping centre.
King Sturge is leading talks with a number of parties who could either extensively refurbish or completely replace the existing multi-storey
Fife Council’s corporate asset manager, Alan Paul stressed that negotiations on both of these potential developments were at an early stage.
He added: “Kirkcaldy has been eager to attract developers into prime sites like the esplanade.
“While we are hopeful of taking forward both these plans, there is still a long way to go involving some sensitive and complex negotiations.”
Chair of the Kirkcaldy Renaissance Partnership, Peter Kearns said: “It is encouraging that developers are interested in taking forward our vision for improved leisure and shopping in the town.
“Whatever the outcome of these particular development opportunities we will remain focussed on working together to deliver projects that will revitalise and transform the town.”
