A former carpet warehouse in Far Gosford Street, Coventry is due to be transformed into a state-of-the-art performing arts and events venue and office space.
Located in Coventry’s Creative Quarter, the building has held events for the past three years but is now undergoing a £750,000 revamp ahead of Coventry being the UK City of Culture in 2021.
The innovative project which will feature a demountable stage, theatre lighting and audio system along with conference seating for up to 250 people, has received £193,000 in funding from the Government’s Local Growth Fund through the Coventry and Warwickshire Local Enterprise Project (CWLEP).
Parveen Rai, a board Director at the CWLEP, commented: “When The Box is fully open again, it will provide new income streams and consolidate FarGo Village as a destination with a major increase in visitors during the evening and weekdays
“The increase in visitors to The Box and the new permanent staff on-site will have a further positive impact on the 40 on-site businesses, which is another bonus.
“The Local Growth Fund was set-up to give autonomy to LEPs to allocate funding to projects which would support their economy and boost businesses and this project is a perfect example of that and will be a legacy of 2021 when Coventry is UK City of Culture.”
The Box’s redevelopment is part of a £2.4 million investment package from the Local Growth Fund and forms part of the ‘Completing the Culture Capital’ project which includes funding for key venues and production spaces ahead of becoming the UK City of Culture.
As part of the ongoing development, The Box is set to boast a 500 standing capacity arena, as well as a new mezzanine office that includes eye-catching cantilever containers on the outside of the building.
An estimated 25 new jobs are also expected by the project as well as new artists changing rooms, that feature full accessibility for those with mobility issues.
Cllr Jim O’Boyle, Cabinet Member for Jobs and Regeneration at Coventry City Council and CWLEP board director said: “FarGo is located on one of our finest and most loved medieval streets, and over recent years the whole area has undergone a massive transformation. It’s alive with creative talent, and the development of The Box will see even more people visiting and enjoying FarGo and the wider Far Gosford Street.
“The Box will also provide a great legacy for performers and creatives after we have enjoyed
being City of Culture.”
Featured Image: (From the left), Lucy Thompstone (FarGo Village), Parveen Rai (CWLEP), Brian
Harrabin (Complex Development Projects) and Cllr Jim O’Boyle (Coventry City Council)