Work is continuing on the £20 million restoration to bring York’s historic Guildhall back to life after the project secured £2.347 million via the Leeds City Region Growth Deal.
This latest investment into the project – led by City of York Council – is from the Leeds City Region Enterprise Partnership (the LEP), delivered in partnership with the West Yorkshire Combined Authority, through the Leeds City Region Growth Deal; a £1 billion package of Government investment to accelerate growth and create jobs across Leeds City Region.
Once the work is complete, the landmark building will be transformed with modern offices, conference space and a restaurant.
It is expected to add a £117 million boost to the city’s economy over five years once work has completed in 2021, creating an estimated 250 new jobs.
With work having commended, workers are keeping to strict social distancing restrictions put in place last month in response to the COVID-19 pandemic.
“It is essential for York’s recovery that we continue to work together to deliver key regeneration projects like the Guildhall and York Central,” said Cllr Keith Aspden, Leader of City of York Council and member of the Combined Authority.
“These projects are central to our ambitions for inclusive growth, new public spaces and better housing, which are now more important than ever.”
Roger Marsh OBE DL, Chair of the LEP, said: “This ambitious project will ensure the Guildhall is fit for modern-day business needs and allow it, once again, to be at the heart of enterprise by catering to the needs of those entrepreneurs and SMEs that will drive forward the local economy in its recovery.”
Cllr Nigel Ayre, Executive Member for Finance and Performance, City of York Council said: “This project is historically important for the city and one which will have a lasting impact on our city centre economy.
The new office spaces will allow the next generation of York businesses to start-up and grow, creating new jobs in the city.
“Despite the extraordinary events of floods and pandemics – I’m pleased that work continues to go ahead, placing in one of the city’s most famous buildings, back at the heart of York’s economic, social and civic life.”
The site is due to reopen to the public in Spring 2021.