D2N2 has allocated £425,000 from its Local Growth Fund allocation towards the refurbishment of Toll Bar House in Ilkeston.
The funding will allow Erewash Borough Council the opportunity to upgrade, redevelop, and revitalise the art-deco styled building, leading to the creation of over 90 jobs and up to 22 separate office units.
The Local Growth Fund enables D2N2, to invest in projects that benefit the local area and economy, supporting greater numbers of jobs, homes, and learners.
Originally built in the 1930s, the crescent-shaped Toll Bar House was built for the Nottingham Electric Power Company but has been in public sector usage for much of its life.
The redevelopment of the building will see futureproofing with a programme of upgrades and redevelopment designed to make the site more energy and water-efficient.
These improvements will include upgrading the heating and lighting systems, as well as fitting more energy-efficient windows, insulation, and water systems.
The refurbishment will also create space for small and growing companies in a town where office space is at a premium.
Once renovations are completed in March 2021, the building will house 22 managed offices with the possibility of combining multiple office spaces into a larger unit.
The old garages that service the building will also be repurposed and turned into a workshop when work begins in October 2020.
Toll Bar House
D2N2 Interim Chair David Williams said: “D2N2 is delighted to invest in the renovations of Toll Bar House to help meet the growing need for high-quality office space in Ilkeston.”
“Whilst the recovery from Coronavirus is at the forefront of our collective minds, we must not forget our need to limit our contribution to climate change so I’m especially pleased to see that environmentally friendly considerations are at the heart of this redevelopment.”
Councillor Michael Powell, Erewash Borough Council’s Lead Member for Regeneration and Planning, said: “This is an exciting regeneration and progressive project that will transform this iconic art deco building into a series of modern, energy-efficient offices – aimed particularly at small and growing companies.”
Minister for Regional Growth and Local Government Luke Hall MP said: “We are investing £425,000 through our Local Growth Fund into The Toll Bar House project which, once complete, will create new space for small businesses to grow and develop in Ilkeston.”
“This important investment is part of our wider commitment to level up across the country by revitalising our town centres and redeveloping disused space so communities can grow and thrive.”
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