£9m redevelopment plans could create ‘hundreds’ of jobs

Leicester City Council has submitted plans to redevelop a former factory building into office space for start-ups and growing businesses – a move Sir Peter Soulsby says could create “hundreds” of new jobs.

The proposals to turn Pilot House on King Street into a new business community have been costed at around £9 million. The site, which currently comprises five interconnected buildings, also has the capacity to accommodate independent retail units.

A central courtyard and atrium for shared use, a business zone for technical and digital businesses and a co-working lounge could all be built if the plans are approved.

Existing industrial features including parquet flooring and exposed brick and beams would be retained, and a new entrance into the courtyard would be created from King Street.

Pilot House currently houses the City Council’s post room.

Leicester City Mayor Sir Peter Soulsby said: “Pilot House offers huge potential to provide much-needed, high quality office space in a very attractive part of the city.

“The investment we have already made in this area has brought in hundreds of jobs thanks to the relocation of Mattioli Woods.

“By redeveloping Pilot House we will be able to bring in hundreds more, and to cement the reputation of this area and the city as a fantastic place to do business.

“We would also expect to make an excellent return on our investment which will generate rental income for many years to come from what is currently a vastly under-used property.”

The council has submitted a planning application for the first stage of the redevelopment of the building, with further submissions expected over next year.

Subject to approval, work could begin on the scheme in spring 2021.