Planning application for Northampton Innovation Cube submitted
West Northamptonshire Development Corporation has submitted a planning application for an iconic office building, located opposite Northampton railway station.
Known as the Innovation Cube, the five storey building will provide office accommodation and support services for up to 60 small businesses. It will be located opposite Northampton Railway Station on the site of the former United Social Club, which WNDC acquired and demolished last year.
The Innovation Cube is part of a planned ‘station gateway’ development, which will include new homes, offices and shops along the River Nene from the proposed Innovation Cube to the St Peter’s Way gasholders.
Chris Garden, Director of Regeneration at West Northamptonshire Development Corporation, said: “Together with our plans for Northampton Station, the Innovation Cube will form an impressive gateway into the centre of Northampton. Crucially, it will be a home to a range of inventive new businesses, bringing vital new jobs and investment to the area. We are currently talking to potential partners, which we require to help develop the building and operate the centre once it’s completed.”
The Innovation Cube is estimated to cost in the region of £6.5 million, with in-principle funding secured from a number of sources, including the European Union.
The application has been submitted to WNDC’s own planning department, which will be the determining authority for the scheme. It is an important step forward for the station gateway scheme, which is within the Northampton Enterprise Zone. It follows news that a bid for Regional Growth Funding to redevelop the station building has been unsuccessful. The Government fund, which was more than three times oversubscribed, was largely awarded to projects in the North of England, where public sector job losses have had a major impact.
WNDC is currently exploring a number of alternative funding options for the new station. This includes private sector investment, as well as the Growing Places Fund, which was recently announced by Government.
Posted : 15th November 2011