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Huge £300m Development Planned for Nottingham

Posted by Richard Ward in

Image courtesy of Flickr, Creative Commons

An outline planning application has been submitted to Nottingham City Council for the construction of offices, residential housing, student accommodation and a variety of leisure and other uses.

The application outlines plans to build 900 homes, around 700 student flats, and more than 630,000 sq ft of office space.
The plans have an estimated development value of £300m and will make use of the 40-acre site formerly used by Boots as its headquarters.

The application has been put forward by AIM-listed Conygar Investments, who are working with regeneration specialist Lavignac Securities to deliver the site, which lies between Manvers Street at the bottom of Sneinton and London Road.

Commenting on the application, Christopher Ware of Conygar Investment Company, said: "Since purchasing the site, we have been carefully considering our plans for this high-profile site; it has seen a number of false dawns over the years and we have been working hard to ensure that our plans are realistic and will allow us to deliver an achievable scheme that will benefit Nottingham."

"We know how significant this site is for Nottingham and we are committed to delivering a scheme which is not only unique to the city but the UK."

The site has been vacant for 20 years and it's hoped the development will breathe new life into the area.