Can you Find it – Business © 2017 THE FULL STORY…£1.9M BUSINESS CENTRE PLANNED FOR BARROWPublished in Can you find it Business Edition on Thursday, December 1st 2015
A major initiative to encourage enterprise in Barrow-in-Furness is set to be kick-started with the creation of a new £1.8 million Business Centre.
The redundant Waterside House on Bridge Approach has been bought by Barrow Borough Council and, as part of the first phase of the project, will be transformed for use as managed workspace for new enterprise.
A former training school for BAe Systems Marine, the new Centre will help to improve the profile of the enterprise culture in the community by providing in-house business support to new start and expanding businesses that will occupy the larger part of Waterside House. With an extension to be designed and built on the west (channel) side of the building, the facility will also provide a permanent venue and exhibition area for entrepreneurial activity, as well as deliver a range of business support projects borough-wide.
The adjoining two hectare vacant site is already in borough council ownership and is earmarked for development.
The project was funded jointly by the Northwest Regional Development Agency (£1,125,889) and European Regional Development Fund (£696,554).
Stewart Swift, NWDA Area Manager for London, said: “Barrow and the Furness Peninsula has suffered some devastating employment blows over recent years which is why there is a real need for local initiatives to stimulate job creation through the encouragement of enterprise. This new Centre will play a vital role in providing the right kind of support to both start-up and established businesses in the area, ensuring their future growth and development.”
The existing architectural style and specification of the building means that it lends itself to adaptation as a new Business Centre. For this reason the Heart of Barrow Board preferred the option of purchasing and extending this building above the more costly option of building a new centre at Channelside. The extension and refurbishment designed by local Architects Craig and Green will provide an innovative, environmentally sustainable building. Planning permission has already been granted.
The facility will continue to be known as Waterside House.