D2N2, the economic development agency focussed on Derby and Nottingham, has backed a new state-of-the-art business hub in Worksop.
The agency is part-funding the £3.96 million business hub in the town centre alongside Bassetlaw District Council.
The Middletons Project is transforming a number of derelict and dilapidated buildings into a modern and multipurpose business hub that will create employment opportunities, offer new start-ups and small businesses with a place to grow and thrive, and bring increased footfall into the town centre to support existing retail businesses.
The Council purchased the Middletons buildings in August 2015 and planning permission for the business hub was granted in October 2019. Site preparation began in November 2019 and complex demolition work began in February 2020.
Although progress on the project had been halted by the recent coronavirus lockdown, building work on the final phase of the project is expected to commence in the coming weeks with a proposed completion date in autumn 2021.
Funding of £1.8 million has been provided by D2N2 and Midlands Engine through the ‘Unlocking Growth in N2 Town Centres’ programme. This is in addition to match-funding from Bassetlaw District Council and grant funding from National Lottery Heritage Fund.
Sajeeda Rose, Chief Executive of D2N2, said: “As we look towards the economic recovery from Coronavirus, we at D2N2 are delighted to see the Middletons project continue to progress, ready to deliver new jobs to the Worksop area.”