The Nottingham City Council has issued a planning consent for property investment and development group Conygar Investment’s phase 1A of the £650m Island Quarter mixed-use development in Nottingham, UK.

The first phase of the development, called Canal Turn, involves the construction of a three-storey pavilion featuring two restaurants, events space and a large rooftop terrace.

Construction on the Canal Turn is planned to commence in November 2020.

The Island Quarter scheme involves the transformation of the 40-acre former Boots Island site and developing over two million ft² including offices, apartments among others.

The project will comprise new homes, Grade A office space, creative market space, a five-star hotel, retail units, a ‘linear’ park and community space and student accommodation.

Conygar CEO Robert Ware said: “We are delighted with the decision of the planning committee which follows a long period of consultation with the Council and other local stakeholders.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This is a significant step toward the redevelopment of this important site for Nottingham and we will look to bring the scheme forward as soon as possible.”

Designed by architect Jestico + Whiles, the scheme is being built on location which was previously called Boots Island.

Nottingham City Council leader David Mellen said: “Not many places have the opportunity to create a new addition to their city like this, with 40 acres of land prime for redevelopment so close to the city centre.

“It will become a major asset to Nottingham, connecting nearby neighbourhoods to the city centre through an area long overdue for redevelopment.

“The plans to provide a mix of places to live, work and play will perfectly complement the other redevelopments across the southside area, and hopefully this first phase is a sign of the quality of the developments to come on site.”

The Island Quarter mixed-use development is said to be a vital part of the regeneration of Nottingham’s Southside.

——————————————————————————————————————————————————-
Illustration of the Island Quarter mixed-use development. (Credit: The Island Quarter)