Brighton has revealed new plans to transform an empty building in the city centre into a sustainable development project. The project is estimated to cost in the region of £100 million and Brighton and Hove council will confirm the go-ahead in early 2014. The project could potentially begin next year on the old municipal market building in the heart of Brighton.
The new development plans will be great for Brighton’s economy, generating over 600 jobs, as well as bringing money back into the city. Cathedral Group are behind the project, and aim to boost the Brighton economy by creating a hub of productivity, combining creativity, culture and business as one.
The project is currently set to include over 140 properties for businesses, ranging from independent cafes right through to a brand new dance building for South East Dance. In the plans Brighton University will also have a new library and a teaching space. More than 400 Brighton students will also be offered new halls of residence.
Much of the area will be pedestrianised allowing cultural activities to be aired out in the street; a similar ethos to the events seen during Brighton Pride and Brighton Fringe Festival. The project offers a great way of utilising currently unused space on an historic Brighton site. The plans will allow for a great number of new resources for city, bringing local businesses together, generating new jobs and allowing Brighton’s communities to integrate as one.
Brighton will find out if the plans are set to go ahead next year, 2014. It will be a great boost to the local economy when the job market is looking rather grim at present. Hundreds of jobs will be generated across a number of sectors; it couldn’t have come at a better time for the city, particularly with youth unemployment at an all time low.
Watch this space!