Plans to create a new youth enterprise hub and business incubation facility in Hull city centre have taken a step forward after a contractor was appointed for the project.
Hull City Council has awarded F Parkinson Limited a contract to deliver the refurbishment of 161 High Street.
The regeneration is being supported by £1.5m of government funding and plans will be developed by the council’s building and design services.
Initial works will focus on regenerating the ground and first floors of 161 High Street to be used as a hub for young entrepreneurs.
The new project aims to support aspiring young entrepreneurs in the pre-start and start-up phase working with the Hull & East Yorkshire Youth Enterprise Partnership.
It also ties into Hull’s community plan to help create an enterprise culture which is vital to establishing a vibrant, sustainable and inclusive economy for Hull.
Alex Codd, the council’s assistant director for economic development and regeneration, said: “This contract award is great news for the council’s plans to create a new youth enterprise hub and business incubation facility in the city centre.
“It enables the project to move at pace and help to provide a much-needed friendly and welcoming space for young people in Hull.
“They will be able to grow their skill base and self-confidence by learning from local businesses experts and inspiring peers, before using what they have learned to strengthen Hull’s economy.”
In the coming months, further funding opportunities will be explored with a view to refurbishing and expanding services into the second floor of 161 High Street.
