Investment News | 21 October 2020
Refurb funding awarded
D2N2, the local enterprise partnership for Derbyshire and Nottinghamshire has allocated £425,000 towards the refurbishment of Toll Bar House in Ilkeston.
Originally built in the 1930s, the crescent-shaped Toll Bar House was built for the Nottingham Electric Power Company but has been in public sector usage for much of its life.
The redevelopment of the building will see futureproofing with a programme of upgrades and redevelopment designed to make the site more energy and water-efficient. These improvements will include upgrading the heating and lighting systems, as well as fitting more energy-efficient windows, insulation, and water systems.
The refurbishment will create space for small and growing companies in a town where office space is at a premium. Once renovations are completed in March 2021, the building will house 22 managed offices with the possibility of combining multiple office spaces into a larger unit.
