Published: 30th Jan 2020

Leicester City Council has revealed plans to redevelop a former factory into modern office spaces and units for start-ups and growing businesses.  The former factory which is located on King Street currently comprises of five separate but interconnected buildings. The council wants to transform it to provide high-quality workspaces for companies who want to relocate to the city. The development would have a central courtyard for shared use, a business zone for technical and digital businesses and a co-working lounge. The council has submitted the first planning application, and they hope that the building process will begin in the Spring of 2021. If the planning is approved, the council will be seeking opportunities for external funding, the cost is estimated as being around £9m. Leicester City Mayor Peter Soulsby said: ‘This development offers huge potential to provide much-needed, high-quality office space in a very attractive part of the city. ‘By … (To read the full article, subscribe below)