Relocation
By the end of 2010, the museum is planning to relocate and construct a new purpose built unit to house an Island Road Transport Museum. The move is necessary due to the building it currently uses being demolished as part of revelopment of Newport Quay. Currently, the plan is to purchase a two and a half acre area of farmland adjoining Havenstreet Railway, with the new site covering twice the floor area that the current base offers. The plans would require £120,000 to be raised to fund the move. Supporters are being invited to purchase £250 shares in the project with monies being returned if the plan fails. However in addition to funding issues, the field currently forms part of the Isle of Wight AONB, which could lead to a battle for planning consent over redevelopment.
Read more about this topic: Isle Of Wight Bus & Coach Museum