The £17m Levelling Up Fund Island Quarter bid, being submitted on behalf of developers Conygar, focuses on renovating three heritage warehouse buildings at the heart of the site, bringing them back into productive use providing a community open theatre and much needed creative and digital studio space, and connecting them into the city and local neighbourhoods. Access would be improved for pedestrians, cyclists and vehicle users with an upgraded junction connecting the site to the Sneinton community.
Robert Ware, Chief Executive of the Conygar Investment Company, said: “While Conygar already has investment in place to support the regeneration of The Island Quarter and its various phases that make up the site, the Levelling Up Fund will allow us to accelerate our work so that Nottingham can make the most of the economic benefits of The Island Quarter as quickly as possible.
“With monies from the fund, Conygar will be able to proceed immediately with the refurbishment works to the two incredible heritage warehouses on the site to bring them back to life.”
Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property.
