A 1960s Co-op store is being converted into a £3 million state of the art digital hub in Sheffield City Centre.
The Grade II listed building, Castle House, is expected to be converted into a new facility for use from the start of 2019, and looks set to provide a ‘‘real benefit to local communities.’’
Sheffield City Council secured the deal with U+I, a UK company founded in 1980 which specialises in property regeneration.
Richard Upton, Deputy CEO of U+I, said: “Partnerships with local councils when properly constructed can deliver real benefit and value to local communities and the business which work in them.
‘‘I am convinced the refurbishment of Castle House will be a catalyst for the wider regeneration of Castlegate.”
The new site will add to Sheffield City region’s expanding digital tech sector – there are currently around 18,000 of these companies, equating to £1.3 billion in sales.
Councillor Mazher Iqbal, Sheffield City Council’s Cabinet Member for Business and Investment, said: ‘‘We Sheffielders know that the city is equipped for digital and creative industries, and this funding will help it to unlock those skills and develop them for the future.
“It is pleasing that this development will take part in the historic Old Town of the city, redefining it for the future, and helping this world-leading and innovate sector to expand and grow.
‘‘Big changes are happening at Castlegate, and it is home to hotels, offices, artist studios and now a digital hub. I’d like to welcome U+I and Kollider and wish them every success.”
The digital hub will not be the only change taking place in Castlegate; with a proposed archaeological dig of castle remains, and the extension of a redundant road space, the Grey to Green corridor, the area is expanding.
It has taken longer than expected for the announcement to be made due to government protocols regarding the payment of public sector money to a private company.
Call Chris Barry on 07464 547297 or Laurie Harvey on 0114 2053546 for more details.