Latest News | 15 December 2020
Civic buildings plan gets £2m D2N2 boost
Plans to redevelop civic buildings in a Derbyshire market town have been given a £2 million boost thanks to the D2N2 Local Enterprise Partnership.
High Peak Borough Council’s plans to revamp the buildings in Glossop will receive the cash injection from the LEP via the organisation’s Getting Building Fund allocation.
The £5.5 million project will see the currently predominantly vacant buildings, based in the centre of the town, repurposed for a mixture of new uses including office, meeting spaces for commercial and community use and the introduction of a new mezzanine floor to create new studio space for small businesses and entrepreneurs.
The Market Hall, which will have its suspending ceiling removed and superfast broadband installed, will be upgraded into a new flexible event space with central seating accommodating food and drink businesses, alongside the retention of existing retailers in the arcade.
It is hoped that when complete, the development will revitalise the centre of the town, encouraging new footfall, while creating more than 100 jobs and assisting around 20 businesses.
The project is one of 10 across Derby, Derbyshire, Nottingham, and Nottinghamshire which has received funding from D2N2’s £44 million share of the Government’s £900 million Getting Building Fund.
The programme of investment is being used to improve digital infrastructure; support skills and career opportunities; and the transition to a low carbon economy to drive economic growth following the ongoing Covid-19 pandemic.
With funding secured, work on the redevelopment of the civic buildings will begin immediately with a scheduled completion date of July, 2022.
Elizabeth Fagan CBE, chairman of the D2N2 LEP, said: “I’m delighted to see D2N2 support this scheme to revitalise the centre of Glossop by repurposing some of its historic buildings, bringing with it jobs and opportunity for the community.
“Through the Getting Building Fund, D2N2 is investing in projects that will drive the regeneration of our regional economy, adapt to new opportunities, and create a more resilient economy for everyone.”