AN ARTIST’S impression of a new £6.5 million development has been revealed.

The five-storey co-working and business development site in Nile Street, Brighton, forms part of The Lanes regeneration project.

The development, titled Projects The Lanes, will turn empty shop fronts into central Brighton’s largest, independent Grade A workspace - accommodating up to 800 people.

The Argus: Artist’s impressions of new £6.5 million development in Nile Street, Brighton Artist’s impressions of new £6.5 million development in Nile Street, Brighton

The 29,000 sq. foot events and workspace SITE will feature two floors of co-working, serviced offices for teams of two to 300, a bar and roof terrace, specialist collaboration rooms including a podcasting suite and a dome events space seating more than 100 people.

The site is due to open in the spring of 2022.

The £6.5 million renovation, which is led by Ethos Property, aims to improve the sustainability rating of the current 1980s block, as well as increase the efficiency and power consumption by installing solar panels, using smart building technology and finishing with sustainably sourced furniture.

The Argus: Artist’s impressions of new £6.5 million development in Nile Street, Brighton Artist’s impressions of new £6.5 million development in Nile Street, Brighton

According to developers, Projects The Lanes is on track to be accredited as a WELL certified building – a global marker of building design focused on wellness, happiness and the productivity of its users.

Christos Demetriou, founder of Projects The Lanes, said: “This city is full of creative entrepreneurs and professionals that believe in balancing purpose and profit, but they have lacked a collaborative home that leads with these values.

“Projects exists to holistically support the person behind the business, making it easier for the individual to make better choices and grow their business sustainably – come spring we’ll be able to unite and support more people than ever in a sustainable and inspirational environment, building on our existing community of purpose-driven people who believe in business as a force for good, whilst also reviving an unloved area of The Lanes.

The Argus: Christos Demetriou, founder of Projects The LanesChristos Demetriou, founder of Projects The Lanes

“This venture comes at a time where the requirements of the workplace are shifting dramatically, businesses have embraced remote working meaning the office has to meet different needs to stay relevant. Offering flexibility, wellbeing support and an inspirational collaborative environment are fundamental workspace trends for 2022.”

Christos also said that purifying the air while keeping consumption low and comfort unimpacted will be a top priority and achieved through state-of-the-art air filtration technology, special building materials such as photocatalytic paint and a supporting biophilic design.

The Argus: Artist’s impressions of new £6.5 million development in Nile Street, Brighton Artist’s impressions of new £6.5 million development in Nile Street, Brighton

Flexible co-working memberships range from a set number of hours per month, to unlimited 24/7 access with prices starting at £100.

Private, self-contained offices finished to an unmatched standard range in size for teams of two to 300.