Grant award to help develop dozens of apartments

A total of 36 city centre apartments in Hull will be created as part of a £4m project, thanks to support from Levelling Up Funding (LUF).

A grant of £390,000 has been awarded from Hull City Council’s Government grant scheme to DAQRI Ltd for its conversion of 9-11 Chapel Lane.

The funding is to support phase one and part of phase two of the overall development proposals, which includes 19 apartments, comprising 14 one-bedroom apartments, four two-bedroom apartments and one three-bedroom apartment.

A further 17 apartments will be created as part of later phases.

The cost of the first two phases is £1.653m, with the overall development estimated to cost around £4.12m, meaning over £3.5m of private sector capital is being invested.

The project will see the Grade II listed Standidge Building, 9 Chapel Lane, brought back into use, as well as its two neighbouring properties.

Around 17,500 sq ft of unused floorspace will be brought back into use, with two full-time equivalent jobs created.

Councillor Paul Drake-Davis, portfolio holder for regeneration and housing at Hull City Council, said: “This project not only brings back into use a dilapidated heritage building, but will also help address the growing demand for city centre living in Hull.

“It is pleasing that the council is able to support the applicant’s significant private investment through this Levelling Up Fund Grant award.”

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