£80m investment for Hull's Fruit Market
New plans have been released.
£80m is to be spent regenerating Hull's Fruit Market.
New plans for the city's cultural and creative quarter have just been unveiled.
The transformation - which has already started - will bring together new shops, cafes, restaurants and galleries along with over a 100 new homes.
The ambition is to create an "urban village" atmosphere where people can "live, work and play".
Once completed - the development is also expected to generate hundreds of millions of pounds for the local economy.
Dominic Gibbons, Managing Director of Wykeland which is the lead developer on the project told Viking:
“With unprecedented investment in Hull and the City of Culture year just months away, Hull really is on the up.
“We’re setting out our vision today, but it’s important to stress this is being delivered here and now. In fact, almost £20m of development has been completed or is under construction within the Fruit Market area.
“This unique and historic area of the city will become a welcoming and friendly place to live, a creative and entrepreneurial area to work and a vibrant destination to visit, for local people and tourists alike.
“We’re hugely excited about realising the Fruit Market’s potential and we’re really keen for the existing commercial and cultural community in the area to work with us to create something extraordinary.”
Councillor Stephen Brady, Leader of Hull City Council said:
“A vision for the Fruit Market was developed by the Council, in partnership with Wykeland Beal, to ensure that this unique and historic area is regenerated, maintained and contributes to delivering a world-class visitor destination for the UK City of Culture and beyond, paving the way for future economic prosperity.
“I am confident that this multi-million pound development will boost the revitalisation of the city centre and create a cluster for arts, independent retail, leisure and digital and creative industries”.