Investment News | 14 February 2024
Derelict cinema to make way for £5m scheme
A derelict cinema along with a former nightclub are to be bulldozed to make way for a multi-million-pound mixed-use scheme in Long Eaton.
Erewash Borough Council’s planning committee has approved plans to demolish the former Galaxy cinema, in Derby Road, along with the former Stage One nightclub, a disused shop, and a garage to the rear of the site in Oxford Street.
They will make way for a £5 million scheme, which will consist of 16 flats, four townhouses and three business units.
The project will be funded out of Long Eaton’s £25 million Town Deal cash, which it was awarded by the Government.
Also given the green light were changes to plans for what is known as the Stable Block – a building opposite the cinema. It is next door to Long Eaton Town Hall.
As part of the Town Deal it is being converted into a new business hub.
The Galaxy cinema has stood empty for more than decade. The borough council launched a compulsory purchase order after it fell into increasing disrepair.
The redevelopment of the site is the latest in a series of improvements being made in Long Eaton.
Last month, an artist’s impression of a spectacular new canal bridge that will link the town to West Park was unveiled. The project will also be funded with Town Deal cash.
Richard Ledger, chairman of the Long Eaton Town Deal Board, said: “This all points the way to how Long Eaton is being reinvigorated and transformed under the Town Deal – becoming an increasingly vibrant place to live and work.
“Thanks also go to the people of Long Eaton and to businesses there for backing the campaign to unleash the town’s potential.”