Derelict Hull city centre bank to be transformed as development plans are given green light

By Hull Daily Mail | Posted: 2 Jul 2018

A defunct city centre bank is set to be brought back to life after plans for a new development were approved by the council.

In the old banking hall of what used to be Lloyds Bank, on the corner of George Street and Bond Street opposite The Dram Shop, 14 new apartments will be built.

Under new plans the iconic building will be home to 46 new flats, including six one-bed flats and eight one-bed mezzanine studio flats. Planning approval had already been given to build 32 one and two-bed flats in the upper floors of the property.

Sheffield-based developer Mark Harrison is behind the project, and in May he spoke to Hull Liveabout his ambitions behind the development, which is his first in Hull.

He said: "The prices in places like Manchester, Sheffield, Leeds and Nottingham have gone through the roof but there is a lot going on in Hull and that’s why I like it.

"I normally sell developments for other developers but this will be my first big job."

Mr Harrison said the existing main entrance on the corner of George Street and Bond Street would be retained under the plans with the old bank vaults set to be reused for secure cycle parking.

An internal view of the banking hall in the old Hull Savings Bank in George Street in 1972.

New windows and cladding will also be installed and the iconic building will retain the clock face synonymous with the structure, with proposals announced to build a new contemporary clock set cedar-boarded facade.

A planning and design statement accompanying the application says: "The proposed new flats units are intended to supplement the previously approval for residential development on the upper floors and with the improvement works to the main elevations will create a flagship conversion in the centre of the city."

The site is next to the K2 mixed-use development currently taking shape in a former high-rise council office block in Bond Street and directly opposite the proposed new £130m Albion Square scheme.

The Hull Savings Bank in George Street, 1932.

It's also just a stone's throw away from the former Queens Gardens Police Station which is currently being converted into apartments.

The bank, which was built in the 1970s, replaced Hull Saving Bank which opened over a century ago in 1883 and in 1969, it became the first bank in Hull to open an automatic cash point.

Construction on the city centre site must begin within the next three years. However, no work will be carried out until a noise survey has been completed.

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