Major developments moving forward in Nottingham

Further plans for one of Nottingham’s most significant development sites were revealed on the 11 July by Conygar Investment Company plc, at a breakfast event hosted by Invest in Nottingham.

The event saw more than 70 influential professionals from businesses across the East Midlands come together to hear about the plans for a brand new mixed-use scheme on the former Boots Island site, which were submitted last month (June).

Held at the Jurys Inn overlooking the redevelopment site, attendees were given an insight into the make-up of the proposed scheme and shown the latest artist’s impressions of how it will look upon completion.

Christopher Ware of Conygar Investment Company plc – which purchased the site in 2016, said: “It was great to see so many people attend the breakfast, from key business owners to the city’s stakeholders, all of whom have shown a keen interest in learning more about our ambitious plans for the site.

“We are aware of how significant the development is to Nottingham and we are really looking forward to watching our plans come together and go hand in hand with the city’s vision – we can’t wait to create a new community in the city centre and be part of Nottingham’s exciting future.”

Also, plans for a huge mixed-use development next to Nottingham’s railway station are likely to get the green light at the next planning meeting as Nottingham City Council’s Planning Chief has recommended the project for approval.

In May 2018, urban developer Bildurn moved a step closer to delivering their new mixed-use development on Station Street in Nottingham, signing an agreement with Vita Group, bringing forward the residential element of their mixed-use development next to the station.

The project which faces the new pedestrianised area on Station Street will offer secure basement parking and cycle storage, 24-hour access, electric car charging points and high quality contemporary finishes as well as backing on to a waterway aspect. The building will also feature a roof garden – which would be one of Nottingham’s first dedicated office developments to offer a terrace for employees overlooking the city.

The current market buoyancy was re-enforced by the news that Accelerate Places, the technology and innovation hub for scale-up businesses in Nottingham, says it wants to double its footprint in the city.

Launched in late 2016, Accelerate Places took offices on Wollaton Street which were formerly occupied by accountancy firm RSM and converted them.

Some of the space in the four-storey building is occupied by fintech businesses owned by its parent company, Blenheim Chalcot – among them specialist lender Oakbrook, business finance firm Liberis and fintech developer Bizfitech.

The rest of the space is home to a number of scale-ups, new ventures and other businesses run by serial entrepreneurs developing new technology solutions.