Midland Railway locomotive shed to be restored as the home of the University of Northampton Students Union

Two summers ago, after exploring the pleasingly derelict lands now being redeveloped as the University of Northampton's new Waterside campus, I wrote:

Somewhere in the middle of it there is a "rare and little altered example of a Midland Railway locomotive shed". All the security fencing makes it impossible to photograph at the moment, but I hope it will be retained and restored as part of the redevelopment here.

The good news this week is that the old shed is indeed going to be restored.

The University of Northampton Students' Union reports that it has

received a confirmed grant of £1,323,300 from the Heritage Lottery Fund ... for the restoration of its Engine Shed building on the University of Northampton’s new Waterside Campus. 

Thanks to National Lottery players, this exciting project will see the Grade II Engine Shed and adjacent office buildings brought back into use as a vibrant hub of student activity, whilst supporting a number of innovative community engagement projects with local partners and businesses. 

The Engine Shed was constructed in 1873 at the junction of the main London and North Western Railway line and the former Northampton branch line. The project aims to carry out essential conservation work, which will see the largely derelict shell of the Engine Shed restored to its former grandeur. 

The building’s structural roof trusses, windows and decorative brickwork will also be retained alongside original train tracks, which will be carefully recovered and replaced following development works.

Because property is like theft, man, I have borrowed this photo from the union's website.