£30 million approved for College City Hub by D2N2

£30 million approved for College City Hub by D2N2

29/03/2018

The College is pleased to be able to announce that it has secured approval from the D2N2 Local Enterprise Partnership for their £30m funding towards the City Hub project.

The Nottingham City Hub will be the flagship campus of Nottingham College – formed by the merger of New College Nottingham and Central College in June 2017 – and it is set to be one of the largest further education institutions in the UK.

The City Hub’s £58million cost is due to be covered by an £18million loan from Nottingham City Council, College funds and £30million from D2N2, which formally agreed the funding today (March 29).
D2N2 is the Local Enterprise Partnership (LEP) for the Nottinghamshire and Derbyshire area. It works with its areas skills and training providers, businesses, local authorities, and community and voluntary sector organisations to create jobs and boost the economy. As part of this, D2N2 works to resolve the ‘skills gap’; – the issue of older workers retiring, with no-one of a sufficient skill level to replace them.

As part of its overall mission to boost the Nottinghamshire and Derbyshire economy, D2N2 has an allocation of over £250million in Local Growth Funding (LGF) from Government. This is used to co-invest in projects across the D2N2 area which create jobs, improve infrastructure and attract investment.

LGF projects are submitted to the D2N2 Infrastructure and Investment Board, which approves part-funding for projects that have a clear and concise business plan and are set to deliver against criteria such as job creation and private sector investment. The D2N2 Infrastructure and Investment Board also monitors each approved project’s progress against its targets.

To date, D2N2 has allocated £178million of its LGF allocation to projects across Nottinghamshire and Derbyshire, including £10.3million as part of the £250million developments around Nottingham Station and the Broadmarsh area, - which includes the pedestrianisation of Station Street and also the ongoing demolition of the Broadmarsh car park and bus station. It is hoped that both of these projects – and the now-approved City Hub – will help to create a ‘Southern Gateway’ to the city.

The Nottingham City Hub is set to be built on a site next to the tram bridge on Canal Street and Middle Hill. The building will be home to around 2,000 students; for business, admin and computing, travel and tourism, science provision, some creative provision, catering and hospitality, care and early years courses and more. It will also house a new café, new training restaurant, performance theatre and business hub; so that businesses will co-exist alongside the College. Work on the City Hub is due to start this summer (2018) and should be ready to welcome its first students in September 2020.

John van de Laarschot, Nottingham College Chief Executive, added:

“We are delighted to be able to agree funding for the new Nottingham College City Hub with D2N2 today. It is our aim to bring to Nottingham something truly special, something more than a traditional college campus and which is a unique space in which business and education co-exist to the benefit of both.

“With the College’s plans for its other centres of excellence across the City, Nottingham College will be one of the biggest and best-resourced education and training institutions in the country. We’re confident that these plans will benefit not just our students, who deserve a first class learning environment, but also local businesses and the wider community.”

Matthew Wheatley, D2N2 LEP Chief Executive, said:

“The Nottingham City Hub has the potential to change the face of further education in the D2N2 area. By working to ensure that the qualifications provided and the students who study at the college are fit for industry, the Nottingham City Hub will play a full and meaningful role in the growth of the D2N2 economy.”

Highlights from Nottingham College

View all news

NottmCollege

Fri 20 Apr 15:44

It's not too late to book your table @MPWNottingham next Thursday 26th April for our student takeover #UnaNoche Ta… https://t.co/lOoJ8Rfi4v

NottmCollege

Fri 20 Apr 15:37

Some of our most promising sport students have begun competing in the national AoC Sport National Championships tod… https://t.co/R5lMiHfOm1

NottmCollege

Fri 20 Apr 15:12

Our Senior Leadership Team love to discuss how education is changing in Nottingham. Here is our CEO presenting at t… https://t.co/dl28ZhjKKc

NottmCollege

Fri 20 Apr 14:58

RT @NCBC1924 Our guest speaker John van de Laarshot with club President @mark_deakimar2 and sponsors @BucklesNotts #ncbc18 https://t.co/a0b9TQ03X9

NottmCollege

Fri 20 Apr 14:36

A huge thank you to East Midlands Conference Centre for providing a talk on work experience at the Clarendon campus… https://t.co/A8G7m2gfaJ

NottmCollege

Fri 20 Apr 13:50

Music & Media students came together this week for the College’s Music Expo, where they got involved in a variety o… https://t.co/o4l7NcEv4o

NottmCollege

Fri 20 Apr 13:21

Exciting news! Auditions will be taking place on Friday 11th May for our new Foundation Course in association with… https://t.co/6jTDHUjPDI

NottmCollege

Fri 20 Apr 12:55

RT @NottmCollSports AoC Finals weekend is finally here. Good luck to Charlie who is our first athlete to compete in the games Teeing o… https://t.co/bFG806f3g2

NottmCollege

Thu 19 Apr 17:26

Level 2 Hair & Media Make-up students went back to the sixties today for the theme of their final practical assessm… https://t.co/SQ3EVbRHMr

NottmCollege

Thu 19 Apr 12:49

Sajeel is not letting his disability stop him achieving his dream of working in the hair & beauty industry, by unde… https://t.co/uD7Cm7SxUq

NottmCollege

Thu 19 Apr 12:40

Live music straight from The Venue at Clarendon. The talent of our Music students will amaze you! Tune in from 1pm… https://t.co/JhV6FbVOAO

NottmCollege

Thu 19 Apr 10:01

Get ready to tune into the live Music TV show at 10.30 created by Music and Media students #Nottingham #Musichttps://t.co/Kk255lEF4L

NottmCollege

Wed 18 Apr 12:28

Apprenticeship Vacancy: Are you a bright individual who has a keen interest in IT and systems? An ICT apprenticeshi… https://t.co/PUOcY6mizw

NottmCollege

Tue 17 Apr 11:43

Catch up on this morning's live stream from Music and Media students and enjoy a great variety of music. Stay tuned… https://t.co/5KDVqlUjpl

NottmCollege

Mon 16 Apr 16:55

Do you know any young person at @NottmCollege or beyond, who you believe has gone the extra mile & who you feel is… https://t.co/VavYV5YljV