Dumfries and Galloway Council is confident the regeneration of Stranraer town centre will go ahead, despite missing out on funding.
Bids were made to the Heritage Lottery Fund, and Historic Scotland, for grants to help the £3.5 million project.
But the high level of competition for the funds means the council has been invited to resubmit its application in August.
The council remains committed to spending £1 million on the regeneration.
"It’s very frustrating that funding has not been approved at this stage due to the sheer number of applications and the competitive nature of the process.
"However, the HLF Scotland team supported our application and both they and Historic Scotland recognise the proposed improvements as an excellent project.
"The Council has been encouraged to resubmit our applications by HLF and Historic Scotland, so we will continue to try to secure external funding.
"However, I’m very clear that even if we do not secure that funding, the £1 million set aside for regenerating Stranraer town centre will remain in place to spend in the town centre to improve key buildings”
Stranraer Brigadier Bill Bewely didn't go searching for a war hero in Italy, but that is exactly who he found when he met Rossanna Banti.Read the full story ›
An Italian war hero's been awarded three medals - and all thanks to a man from Stranraer.
Brigadier Bill Bewley felt 90-year-old Rossanna Banti deserved recognition for her efforts helping British agents behind enemy lines in the Second World War.
His efforts have now paid off:
Schoolchildren in Stranraer have built a permanent memorial to the men who fell in the first and second world wars.
The pupils of Sheuchan primary have all designed their own poppy, which includes the name of their family members who died in conflicts. Fiona McIlwraith reports.
Schoolchildren in Stranraer have built a memorial to the men who fell in the first and second world wars.
Each tile commemorates someone who fought in both world wars who are connected to the children at this school.
The pupils of Sheuchan primary have all designed their own poppy, which includes the name of their family members who died in conflicts.
They've created the memorial during the centenary year of the first world war to ensure they remember the lives of all those who died for their country.
Through their world war one project, they have also been learning all about life in the trenches and how the families left behind coped with their loss.
Schoolchildren in Stranraer have built a permenant memorial to the men who fell in the first and second world wars.
The pupils of Sheuchan Primary School have all designed their own poppy, which includes the name of their family members who died in conflicts.
A scheme to help young people into work in Dumfries and Galloway has been deemed a great success, by the people now working in the region.
The project, run by the council, sees employers able to claim a six month wage subsidy to support the employment of young people.
Since April 35 young recruits have been employed in Wigtownshire alone, thanks to the scheme.
Our reporter Fiona McIlwraith went along to one business in Stranraer that has benefited from the scheme.
A man who died in a house fire in Ryanview Crescent in Stranraer, on Saturday 8th November, has been named by Police Scotland as 91-year-old Norman Fidler.
The Procurator Fiscal has been informed and a joint fire investigation with Police Scotland and the Scottish Fire and Rescue Service is to take place to establish the cause of the fire, which at this stage is not thought to be suspicious.
Police Scotland say that an elderly man was pronounced dead at the Galloway Community Hospital after being pulled from the fire at Ryanview Crescent on Saturday evening.