NEC Group intentions to invest 2m in transforming the Bradford Odeon in a premier music venue, creating 30 permanent full-time equivalent jobs.
The West Yorkshire Combined Authority has announced a 325,000 grant to guide the procedure, a part of the Leeds City Region’s 1 billion plus Growth Deal to raise the region’s economy.
The regeneration project is forecast to build up 30 full-time equivalent jobs upon completion, 20 apprenticeship roles and 60 temporary construction jobs. The newest venue is required to begin in 2020.
Cllr Susan Hinchcliffe, Leader of Bradford Council and Chair of the West Yorkshire Combined Authority said: “This grant will assist to regenerate this historic building into what is going to be an amazing cultural asset for any city. This follows on within the very good news that NEC group would be the operator partner with the Odeon. The momentum is beginning to produce behind the Odeon’s rebirth this also latest announcement just expands that.
“We are in work closely with Bradford Live to secure tenacious funding needed this also grant could be the to begin many announcements hopefully you like to welcome in the coming months.
“Bradford has now benefitted from over 61m of funding from the Combined Authority, evidence of the key role Bradford is required to have fun playing the Leeds City Region.”
Roger Marsh, Chair in the Leeds City Region Enterprise Partnership, said: ?”I am immensely delighted to begin to see the approval of this much-needed grant because of the Investment Committee. Thanks partially to this particular Growth Deal funding, Bradford Odeon will be a transformational project, not just due to this landmark building, as well as the people and personal loan companies Bradford and also the City Region. This venue, situated in the middle of your city, can become another iconic string to Leeds City Region’s outstanding cultural bow, adding the already exceptional well being inside our region.”