In 2014 the Primary School closed, further adding to the need for local development. In August 2015, the BCDA became a Company limited by guarantee, renamed as Bressay Development ltd. In 2015, BDL leased the former Primary School with a view to creating a Community Hub with a cafe and business start up studios. Following a Community Asset Transfer, BDL now owns the former school and site. Speldiburn is a vibrant and well used community hub, popular with locals, visitors and tourists. With studios currently let to 4 individual artists and shop front space for local producers, Speldiburn plays an active role in encouraging ecconomic and social development in Bressay and adds greatly to the well-being of our community.
All Bressay residents over the age of 16 can join without charge and our current membership stands at 64. Community participation in group activities is much larger.