Significant investment for planned creative hub

November 07, 2018

A distinctive building in Colwyn Bay will be given a new lease of life thanks to Welsh Government and EU funding.

The listed building at 7 Abergele Road, will be completely transformed into meeting and office space for the creative industries by Conwy Council working with the North Wales Development Trust.

The development will include office space, networking and meeting facilities with the flexibility to use events in the evening. The space will be targeted at SMEs within the creative industry, building on the growing interest in Wales as a place for TV and film production. 

The investment is from the Welsh Government’s £108m Building for the Future Fund. The Fund is supported by £38m of EU funding and £16m from the Welsh Government as well as match funding from other public, private and third sector sources.

The fund is regenerating town centres and surrounding areas by refurbishing or redeveloping derelict or under-used land and buildings and bringing them back to life. Funding for the Abergele Road project includes £183,000 of Welsh Government funding and £427,000 of EU funds.