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Saturday, 27 September 2008

Reborn


This former grand looking building in the middle of the Lace Market was built during 1705 and is probably on of the oldest in the city. It has unfortunately stood empty and neglected for over 15 years now, even though the area has seen quite a bit of rejuvenation over the past few years, with empty factories being turned into flashy apartments.

The good news is that plans have been drawn up to convert it into offices and flats, at a cost of about £2million ($3.5 million). There is some controversy in the fact that the builders have asked the council for some money towards the work. The problem is that the building company is private & they would get all the profit, and the taxpayer loses out.

1 comment:

  1. It's spooky but there are so many dailies doing posts about negelected buidling or ones about to be demolished today. Private companies should not sponge of tax payers. I the present climate will the project still go ahead if it's hosuing?

    ReplyDelete

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