Multi-million pound regeneration scheme receives grant boost

A £13.m regeneration scheme to bring a prominent Bradford building back to life will receive a £1.5m grant.

West Yorkshire Combined Authority agreed to the spending for the Grade II listed Conditioning House, in Old Canal Road

Members of the Authority’s Investment Committee approved the grant for the Victorian era Conditioning House at a meeting yesterday. The old warehouse building has been empty for about 25 years.

The report presented to the committee explained the total cost of renovating and redeveloping the derelict property would come to about £13.8m, with most of the funds to come from a private developer.

It added: “This residential-led scheme will carry out restoration works to bring an iconic heritage building back into productive use, providing a range of new apartment homes and much needed commercial space for small local businesses.

“The completed scheme will act as a catalyst for further investment in the Forster Square Regeneration Area.

“It will meet housing demand by the delivery of 150 homes through the redevelopment of a heritage asset.

“The scheme represents an opportunity to generate confidence and momentum in the regeneration of Bradford City Centre – attracting further investment and housing site progression.

“The project will be administered by Bradford Council’s Economic Development Service in association with the developer, and these activities will fall under the umbrella of the council’s established Development Board that will monitor the administration and delivery management of the scheme.

“The developer is a property development, investment and management company delivering a range of best practice urban regeneration projects, with a commitment to working in partnership with the public sector.”