Bank Chambers New Life As Remote Working Hub
The Bank Chambers Building on Society Street has been purchased by Ballinasloe Community Development Company (BACD) to facilitate Pulse Club members, local entrepreneurs and hubs to strategically locate in the town, collaboratively working together alongside the existing enterprise centre in Creagh.
The original Enterprise Centre is full, the Library Hub is full and there is limited modern dedicated office / hub type space in the locality.
This will add 6000 square feet of space for the Enterprise Centre to use. The modern office renovation, installation, upgrades and facilities for approximately 35 workers foresees a budget envelope of €580,000, with nearly €500,000 coming by way of Grant Aid from the Bórd na Móna - Just Transition Programme.
“We have lots of enquiries for new space at the Centre, with people who are remote-working from home - even to come in and use their own dedicated desk space for a few days a week and this development will follow best national and international design and practice in accommodating a mix of remote, office and self employed worker who need blended office and desk conditions within a specialist environment and supports “, stated Lyn Donnelly BACD Manager who will manage the project and select successful clients.
Formerly a National Irish Bank it was taken over by the Bank of Ireland in the late 1940s where it remained until 1993, and since then it has been in private ownership.
The premises had been secured for purchase through a loan from Ballinasloe Credit Union. The Design Team for the refurbishment works will be appointed over the coming weeks and once the project is given the green light, the plan is to have the centre open for business within 12 months.
BACD Chairperson Seamus Duffy is very excited : “This has been the result of hard work and prudent management of the last 20 years by successive boards of directors in managing all previous state grants for job creation and town development, in building direct partnerships with state agencies and lenders. The Just Transition Fund have found a worthwhile and serious partner for support for their objectives and we look forward to delivering this first job creation project for them."
Brendan Kelly KPW stated: “Not many might remember that KPW spent 35 years (1950-1985) in Society St., and we all have great memories from there. Society had a great mix of businesses from Retailers to an Egg and Wool store, Solicitors, Restaurants, Schools and a Bank too. We are delighted to see our old Bank of Ireland being developed into a business Hub – this is very exciting news for Society Street and Ballinasloe. KPW have always had an association with Society and the many friends we have there to this day, we want to support it in any way we can.”
For further details contact Lyn Directly in Ballinasloe Enterprise Centre on 090 9646516
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