Contractor appointed to bring forward £13.3m business hub
Contractor Henry Brothers Construction has been appointed to deliver a £13.3m business hub in Leicester city centre.
Leicester City Council has given Henry Brothers the contract to renovate several heritage buildings on King Street into a modern space for creative businesses, aiming to generate approximately 250 new jobs.
Henry Brothers Construction, headquartered in Beeston, Nottingham, is part of The Henry Group, a collection of companies in the manufacturing and construction sectors, spanning from exterior construction to interior fit-outs.
The project will convert five interconnected buildings within Pilot House, providing 60,000 sq ft of space, featuring a central glass-fronted courtyard and atrium.
The goal is to create a permanent home for businesses of all sizes, from startups to established companies, once the project is finished in early 2025.
This initiative is a part of the broader redevelopment of the Belvoir Street, Market Street, and New Walk areas in Leicester, and it will be overseen by the city council’s creative hub, LCB Depot.
Other members of the construction team include architects RG+P and structural engineer M-EC.
The regeneration project has also received £8.6 million from the Government’s Levelling Up Fund, and the city council added another £4.7 million for the development.
The Levelling Up Fund aims to fund substantial projects that generate jobs, attract investment, and support business growth.
City Mayor Peter Soulsby said: “This project will transform a group of architecturally significant heritage buildings into a creative hub for start-up and growing businesses and a landmark destination that will become a source of pride for Leicester.
“Not only will it contribute to the wider regeneration of the Belvoir Street, Market Street and New Walk areas, and complement developments like the Gresham Building, it will also create hundreds of high quality new jobs. It’s great news that this scheme is now under way. Backed by the Government’s Levelling Up Fund, it will give a huge boost to the city’s growth and economic recovery.”