Dozens of apartments to be developed in former bank

The former Lloyds Bank building on the junction of George Street and Bond Street in Hull will undergo a full refurbishment to create 46 residential properties thanks to support from Levelling Up Funding. (LUF)

A total of £550,000 has been granted by Hull City Council from the Government’s LUF towards the £7.4m project.

Applicant Modernistiq (Hull) Ltd has plans for restoration of the full building, which will bring more than 32,000 sq ft of floor space back into use in the city centre.

Plans have been approved to convert the former banking hall on the ground floor to 22 flats, while the upper floors have permission to be altered from offices to an additional 24 dwellings.

Part of the works will include restoration of the original Bond Street elevation clock face, as well as painting and cleaning to the building’s façade.

Councillor Paul Drake-Davis, the council’s portfolio holder for regeneration and housing, said: “This is an excellent project which will bring back into use a large, vacant building, while also providing new city centre residential opportunities.

“The Levelling Up Fund continues to contribute to Hull, bringing in private investment to help regenerate our city centre.”