Why it matters: The project aims to "boost the town centre's vibrancy" while creating jobs and attracting digital talent to Ipswich.
The big picture: A £875,000 grant from the former New Anglia Local Enterprise Partnership (NALEP) will fund the development, with £750,000 earmarked for fitting out the space and £125,000 for professional fees to oversee the project.
By the numbers:
The hub could create between 62-77 full-time jobs
Space for up to 20 private offices
Additional 20 hot desks for flexible working
10 desks reserved for student use
The details: The council has identified an "experienced tenant" that already runs similar successful hubs across the country to operate the hub on a 10-year lease.
The space will have super-fast broadband throughout
Work must be completed by September 2025 under grant conditions
Environmental commitments:
Only zero carbon and renewable energy will be used
The operator will publicly report on waste, energy and water usage
Sustainable materials and repurposed furniture will be used in the fit-out
The design will incorporate plant life throughout the workspace
The bottom line: The hub represents a significant investment by the council as it aims to establish the town as a regional centre for digital growth and innovation while breathing new life into a vacant part of the landmark Town Hall building.
