MAJOR transformation work on an old Kirkcaldy shopping arcade could finally get under way if revised plans are approved.
The Olympia Arcade at the west end of the High Street has been in a state of disrepair for decades.
In April last year Kirkcaldy area committee approved proposals to give the arcade a facelift, but difficulties with affordable housing contribution costs stalled the development.
However, these have now been resolved and if the revised proposals are rubber-stamped later this year, the development can go ahead.
The original plans for the arcade included installing a new double-glazed glass roof and stone cleaning to the external walls as well as internal and external alterations.
The application for listed building consent for the four-storey building was lodged with Fife Council by McEwan Fraser of Edinburgh.
The work was to be the first phase of development plans for the site which included converting an old church hall above the arcade shops into 16 single and maisonette flats.
James Wright from the Council’s planning department said: “When the plans originally went to committee there was a standard affordable housing rate in place.
“But then the recession happened and the Council had to take account of market prices and reduce the affordable housing rate. These contributions were lowered across Fife.
“The developer, McEwan Fraser, asked if their contribution as part of these proposals could be reduced so we held off until the new rate came in and this was agreed with the developer.
“We are still looking to approve the plans but the new figure will have to go back to Kirkcaldy area committee to be rubber-stamped. I am hopeful the application will be reported back to that committee in October.”