South of Scotland Enterprise (SOSE) has confirmed that planning permission has been secured to renovate Caerlee Mill in Innerleithen to become a new Mountain Bike Innovation Centre.
Together with the proposed Tweed Valley Bike Park and Trail Lab near Innerleithen, the centre will be funded as part of the Borderlands Inclusive Growth Deal.
The UK Government is investing £19m into the project, part of its £265m investment in the deal, along with Scottish Government investment of £85m.