An application has been submitted to demolish the Amalgamated Tyres building in Northampton to make way for a complex that will house 100 businesses.
The building in Fetter Street, off Guildhall Road, will make way for the first part of the Cultural Hub, which was announced in January, with the workshop set to move elsewhere in the town.
Bringing a number of buildings back into use in Guildhall Road, Fetter Street and Angel Street, Northampton Borough Council hopes the project will attract 100 firms and about 400 jobs over the course of the next decade.
If approved, demolition work would be completed by the end of October this year.
Preparation work is also well underway to refurbish the Grade II Listed Vulcan Works, and the borough council described the demolition work in Fetter Street as “another important step forward”.
Councillor Tim Hadland, Northampton Borough Council’s cabinet member for regeneration and enterprise, said: “It is great to see another Northampton Alive project coming together. The Cultural Hub will support our creative businesses, and help these industries grow. The opportunities it will create will see new jobs and investment into our local economy.
“The work will not only bring the historic Vulcan Works back into use but encourage growth across a wider area as we transform the neighbouring buildings too.”
The application to demolish Amalgamated Tyres is to be discussed by the council’s planning committee next June.