The work, won through a competitive tender, involves the construction of ten new build retail units, a library and community space with associated car parking and public realm works, including a town square.

To accommodate the works, several local retailers have re-located to temporary premises and they are scheduled to move back in to brand new retail units in September 2016, with completion of all Phase One works scheduled for September 2017.

The work to be undertaken by Clark Contracts is the first phase of the £7.6m regeneration of Denny Town Centre, led by Falkirk Council, with support from the Scottish Government’s regeneration fund.

Michael Scanlan, director, Clark Contracts, said: “We recognise the tremendous importance of this contract which is the first phase of the major transformation of Denny town centre. We are totally committed to delivering the highest quality product on the ground and we are very much looking forward to getting started on site.”

Councillor Dennis Goldie, spokesperson for economic development at Falkirk Council, said: “This announcement helps the whole community move forward in seeing the delivery of a regenerated and transformed town centre for Denny. The contract with Clark Contracts includes five Modern Apprenticeship placements and we look forward to working with the company on this important development.

“The work will be of a high standard and will feature attractive buildings that will appeal to new and existing retailers. We’re grateful to the Denny community for helping us move towards what is a far brighter future for this important space.”