{"id":56092,"date":"2025-03-19T20:24:45","date_gmt":"2025-03-19T20:24:45","guid":{"rendered":"https:\/\/pothwar.com\/news\/?p=56092"},"modified":"2025-03-19T20:24:45","modified_gmt":"2025-03-19T20:24:45","slug":"coventry-uk-rescue-for-60m-regeneration-of-old-ikea-store-councillor-naeem-ahktar","status":"publish","type":"post","link":"https:\/\/pothwar.com\/news\/2025\/03\/19\/coventry-uk-rescue-for-60m-regeneration-of-old-ikea-store-councillor-naeem-ahktar\/","title":{"rendered":"Coventry, UK: Rescue for \u00a360m regeneration of old Ikea store, Councillor Naeem Ahktar"},"content":{"rendered":"

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Coventry, UK: (Pothwar.com, March 20th 2025\u2013 Plans to repurpose the former Ikea building in Coventry are back on track after the contractor went into administration.<\/h4>\n

The city centre building is set to undergo a \u00a360.1m transformation into a City Centre Cultural Gateway which will provide storage for nationally important artworks.<\/h4>\n

Work was under way but stopped in September when contractors ISG collapsed just two months after being appointed by the council.<\/h4>\n

Construction firm Graham, which has offices across the UK and Ireland, has now been appointed to take on the project and Coventry City Council, which is funding the scheme, insists the setback w ill not cost taxpayers any more money.<\/h4>\n

Conservative opposition councillors had previously labelled the scheme a “flatpack fantasy” and suggested it was a “financial black hole”.<\/h4>\n

Announcing the news on Thursday, councillor Naeem Ahktar, of village Baghjmiri, Kallar Syedan a Labour cabinet member for communities in Coventry, said: “Despite unforeseen and challenging circumstances, Coventry City Council has moved swiftly to secure a new contractor to get the project back on track and within the approved budget, meaning no additional money is needed for the construction.”<\/h4>\n

Work is expected to recommence before the summer. The council has previously stated that the project would eventually pay for itself.<\/h4>\n","protected":false},"excerpt":{"rendered":"

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