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On 1 April 2008, in a move thought to be unprecedented for a community council of its size, Machynlleth Town Council took ownership of the Plas and its parkland and facilities.It has re-opened the restaurant by leasing it to a local licensee and the 1st and 2nd floors of the main building are rented out as office space.This gave him the right to hold "a market at Machynlleth every Wednesday for ever and two fairs every year".The Wednesday market is still a busy and popular day in Machynlleth 700 years on.Medium sized meeting rooms and conference space are also offered for hire.Machynlleth retains its strong Welsh character with Welsh spoken alongside English.
From 1859 to 1948 the town was served by the narrow gauge Corris Railway, which brought slate from the quarries around Corris and Aberllefenni for onward despatch to the markets.
The Dyfi Bridge was first mentioned in 1533, by Geoffrey Hughes, "Citizen and Merchant taylour of London" who left £6 13/4 "towards making of a bridge at the toune of Mathanlleth".
By 1601 "Dyfi bridge in the Hundred of Mochunleth" was reported to be insufficient, and the current one was built in 1805 for £250.
The railway's Machynlleth station building, built in 1905, can still be seen alongside the road approaching the town from the north.
Machynlleth main-line station was built by the Newtown and Machynlleth Railway, and continues to provide a link to Aberystwyth and the Cambrian coast to the west and Newtown and Shrewsbury to the east.