Vivergo supports plans for £42M Hull City Centre Development

 In News

The Bondholders marketing organisation which promotes Hull and the Humber said today (July 17) a £42m scheme including concert and conference facilities and a new four-star hotel in Hull city centre would help to create a ‘thriving environment’ for business.

The proposed development, announced by Hull City Council, is part of the 10-year City Plan to make Hull a world-class visitor destination and capitalise on Hull’s status as UK City of Culture 2017.

Anja Hazebroek, Bondholders Board member and Communications Manager of Vivergo Fuels, a Hull 2017 Business Angel, said: ‘We are delighted to see major projects such as this being brought forward and applaud Hull City Council’s commitment of significant funds to enhance the city’s leisure, tourism and business facilities.

‘Vivergo Fuels has invested £350m in the city and this is exactly the type of investment that creates a thriving environment for us to do business here. We are proud to be a Hull 2017 Business Angel and pleased to see that City of Culture has become a catalyst for substantial, long-term investment from both the public and private sectors.

‘There’s a real energy in Hull at the moment as the city is prepared for 2017 and beyond, with a legacy of a transformed city centre, thousands of new jobs and a heightened profile as a place to visit, invest and do business.’

Gareth Russell, Bondholders Board member and Associated British Ports Business Development Manager, Humber, said: ‘With unprecedented levels of investment happening around the UK’s energy estuary, it’s vital we use the City of Culture title as a catalyst to make sure those businesses and their staff have more opportunities to spend their money here.

‘A revitalised waterfront with a major conference centre also offers the opportunity to host industry events here in the future. This really is Hull’s time and ABP is proud to be a 2017 Business Angel.’