The revamped facility will a 600-seater main hall, a smaller hall, meeting rooms, a cafe, gallery and 10,000sq ft of workspace for various businesses.
This year, £5m will be allocated directly to mental health trusts for revamping facilities.
The company said cutting the debt burden would leave it with more cash to make needed investments to revamp its facilities.
The ECB is preparing a revamped bailout facility, a move analysts believe shows the central bank is expecting them to fail the tests.
The United States Tennis Association is to build a retractable roof over the 22,500-capacity Arthur Ashe Stadium, the largest tennis arena in the world, in a major revamp of facilities at the US Open.
But with all the people invested in revamping the facility, "it just kind of happened that way".
G.M. is now also looking for local financing in Indonesia, where it hopes to revamp a minivan facility.
But when the latest proposal for the Moynihan station slowed to a crawl a few years ago, the owners decided to spend about $1 billion to revamp their present facility.
Ministers have let slip that they could not afford to revamp their training facilities if the government had to assume the costs at the start, rather than spreading payments over decades.This leads to a disturbing conclusion.
Eager to find a way round these sanctions, Iran's preference is a route through Europe.Moreover, it badly needs to develop its oil industry, which is the source of 80% of its hard-currency earnings, and to revamp the outdated facilities that were built by the Americans before the 1979 revolution.
When Mangini, who is now an ESPN analyst, moved on to become the coach of the Cleveland Browns, the team immediately began to revamp its antiquated facilities, renovating meeting rooms, the team room, the weight room, the training room and the outside practice field.
