The transformation of St James’ House into a new business center is a further step
The transformation of St James’ House is one more step after North East Lincolnshire Council approved a request to renovate the redundant building into a business center, it has been revealed.
Local company E-Factor is aiming to secure Â£ 1.5million in funding from Towns Fund money, which has been allocated to North East Lincolnshire Council for improvements in Grimsby town center .
The remaining money to finance the new business center will be supplemented by private investment from E-Factor, according to NELC.
It comes after the newly renovated St James’s Square has opened to the public in recent months, with local artist Annabel McCourt’s ‘Murmuration’ artwork unveiled last week.
St James’ House’s new business center is expected to provide commercial space for a range of local businesses and entrepreneurs, as well as space for events, exhibitions and workshops for small businesses.
The head of the North East Lincolnshire Council, Councilor Philip Jackson, said: ‘St James’ House has been dilapidated for many years, and with the success of the Wilkin Chapman Building on Cartergate and the redevelopment of St James’ Square, a key heritage asset in the city, the next step was to manage the surplus building in such a way as to increase footfall in the downtown area and benefit other local businesses.
âI am delighted that E-Factor has put forward these proposals, which bring a new dimension to Place Saint-Jacques, a tremendous heritage in our city center. We are extremely happy to support this program.
Mark Webb, Managing Director of E-Factor, said: âWe are absolutely delighted that our investment proposals have been so well received. We recognize that this building has been empty and has been deteriorating for over a decade and with our investment, supported by the Towns Fund, we are confident that we can bring it back to life.
âAs an independent, non-profit, dedicated to supporting the tremendous contribution local business owners make to this city, E-Factor will once again provide comprehensive, easy-to-understand, and all-inclusive business support. advice we can give to help create and grow successful local businesses.
âThe more people doing business in the city center, the better for the shops and restaurants that are there as well. “