Sitting on a terrace overlooking Madrid’s Gran Via, I watched wistfully as Sheila Ross from Banff scooped £1 million in Bounty Competitions’ biggest ever giveaway.
I was kicking myself for not entering the draw. I had been on holiday for around four days when the winner was announced, and could get used to that way of life.
I started daydreaming about very early retirement, and which Spanish terrace I could secure for life as a millionaire.
And what else could £1 million get me? Well, if we’re honest, not as much as you might think.
It’s a life-changing sum of money so far as helping you overcome day-to-day financial worries. But, in terms of assets, £1 million wouldn’t go very far if you splurged.
I certainly wouldn’t be able to buy a New York penthouse or a private jet. That’s why it would be vital to spend or invest it wisely.
One really posh car, a lavish holiday or two, a couple of designer bags, your mortgage paid off and – poof – the money’s gone.
While Sheila has been celebrating her windfall, and contemplating how to spend the money, the people of Peterhead have been handed their own conundrum over what to do with a wad of cash.
Big spending in the Blue Toon
The Blue Toon has been promised £20 million in UK Government funds to help breathe new life into the town centre. And, while it might seem like a lot, it is imperative that the grant is spent carefully. We don’t want a repeat of the bandstand.
Almost £400,000 was spent on the structure in the centre of Drummers Corner, which took years to complete, only for no one to use it. And, to top it all off, it’s hated by the town, almost unanimously.
So, what could £20 million do for the north-east fishing port?
Big spending in Aberdeen led to the revamp of Union Terrace Gardens at more than £32 million. Peterhead’s comparatively modest sum falls well short of that.
Last week, The P&J took to the streets to ask people what should be done. A few common themes developed, including revamping the lido, reviving the town centre with a focus on entertainment, and buying the Muckle Kirk.
And, even though I was hundreds of miles away, I put my own thinking cap on. What about investing in the fish market? In Madrid, despite being nowhere near the sea, they have the biggest one in Europe, serving thousands of local hotels and restaurants every day. And tourists can sign up to visit the site, too.
Just think what we could do when we’re landing the fish on our doorstep.
I know I used to go visit Peterhead’s fish market as a school kid, but surely there’s the capacity to do more? With the influx of tourists coming in on cruises from Aberdeen, as well as word of Buckie getting some ships, too, could this be an area for development?
Alongside that, what about creating a world-class fish restaurant, serving fresh seafood straight from the market? It has long been one of my biggest bugbears – how scarce seafood restaurants selling local produce are in the north-east.
Let residents shape Peterhead masterplan
Is now the time for the Blue Toon to have its own masterplan, in the way the Granite City and the Broch do? One with a focal point on the sea, perhaps. Starting at the harbour and making its way around to the lido, it could be transformative. We could create a real seaside destination.
Levelling-up funding of £18 million was pledged to the town early last year to completely transform Arbuthnot House into a museum and cultural hub. The local library and Arbuthnot Museum will also be given a new lease of life with the cash.
How often do we think residents will be popping along to these museums?
And while this regeneration is to be welcomed, especially with the investment in the town’s heritage, it’s pivotal that any future masterplanning is done in consultation with the people who live there. How often do we think residents will be popping along to these museums?
The decision of how to spend Peterhead’s government cash, as it stands, will be down to the Town Board, which will soon be formed by councillors, sport and cultural organisations, local businesses and others. But something so important deserves to be put before the people, too.
As a former Meethill School pupil, I would love to see the monument which it takes its logo from restored. But is that really what the majority wants?
While there is an overwhelming sense of belonging and pride in Peterhead, it is clear frustrations have long been mounting about the lack of facilities. As one of the biggest commuter towns in the north-east, with a population of around 20,000 and growing, the people living there deserve to be given something that will serve them well, and attract new business and visitors.
I’m not saying we will ever rival Madrid, but could this investment be the boost Peterhead needs to get on the map as a true tourist destination?
Rebecca Buchan is deputy head of news and sport for The Press and Journal and Evening Express
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