The project needs to raise £1.8 million for the first four phases.
The Lambhill Stables Development is an innovative proposal being developed by the Lambhill Stables in partnership with the Coach House Trust and other key stakeholders.
Lambhill is a relatively underdeveloped area which has not received much attention or investment from recent regeneration programmes. The current emphasis on enabling local communities to develop their own enterprising solutions to major development issues is a key driver in the proposal, in partnership with relevant stakeholders, including the Glasgow North Regeneration Agency and British Waterways and the Waterways Trust for Scotland. The project is also being carried forward by the energy and commitment of local residents and other partners on the LDT who see the considerable potential of the proposal to contribute to wider regeneration plans, particularly the employability framework.
More funding is being sought through the Lottery Community Planning Partnership, Community Health Care Partnership and a range of public private funding bodies. It is anticipated that LDT will rely primarily on grant fund and sponsorship for the capital development costs. Long term Lambhill Stables aims to develop the Lambhill Stables as a self sufficient social enterprise.
expected income generation coming from:
- Service level agreements with the Health Board/Social Work/CHCP.
- Contract income from services to the employability agenda in partnership with GNRA, training income from courses or placements particularly in the fields of waste/resource management, natural and cultural heritage and renewable energy.
- Income from environmental contracts.
- Café income - estimate of footfall and café expenditure (will not make profit, should cover costs)
- Training income from courses and placements
- Sale of compost, plants, woodwork and generally products and services generated from the workshop based at Balmore Industrial Estate.
- Lambhill Stables aims to generate income by delivering services across the Community Planning Themes of demonstration Health, Work, Learning, and Safety & Vibrancy. Energy awareness demonstration of renewable of energy and education in the fields of recycling, reusing and reducing waste will be at one of these services.