The Isle of Anglesey County Council yesterday afternoon received written confirmation that Ynys Môn Estates LLP has withdrawn its application for the Tŷ Mawr project in Llanfairpwll.
County Council Leader, Councillor Clive McGregor, called the news a “huge blow for Anglesey.”
He stressed, “The County Council was clearly supportive of the Tŷ Mawr project on an economic basis, especially as the developer had backers in place and maintained that the project could be delivered.
“The County Council would also have vigorously defended its decision to award planning permission for the Tŷ Mawr project at a public inquiry to be held in November.”
The application to create a retail, leisure and office scheme on land near Llanfairpwll was given the go-ahead by the Full Council in January. The Welsh Assembly Government decided to “call in” the application for determination in April.
Cllr McGregor added, “With the application now withdrawn, however, neither the inquiry nor the project itself will go ahead.”
“Today’s news represents a huge blow and a missed opportunity in terms of new investment and jobs on the Island. Attracting inward investment to the Island is difficult enough at the best of times and, with Anglesey Aluminium’s impending closure, we continue to face uncertain times during the current harsh economic climate.”