PROPERTY Unity Square in transformation plan
One of the most transformational office development schemes to happen in the East Midlands in more than a decade has been submitted to Nottingham City Council, creating thousands of jobs – and setting a ‘cornerstone’ for the city’s Southern Gateway. Developers Peveril Securities and Chamber member Sladen Estates have lodged a planning application to bring 62,022sq m of Grade A office space to Unity Square, the 1.14 hectare site in Queensbridge Road, opposite Nottingham Train Station. The eagerly-anticipated scheme
will advance the £250m Southern Gateway regeneration project – creating a new business district within an area of the city in need of redevelopment. The planning application
encompasses two office buildings – the first being ten storeys and the second being 13 storeys high. The build will be in two phases with landscaping and an attractive urban space connecting Unity Square and the station. Peveril Securities and Sladen
Estates purchased Unity Square in 2015 and demolished the derelict car park buildings last year.
A CGI of phase one of the Unity Square project
‘The scheme indicates the growing confidence in Nottingham as a city which is ripe for both occupiers and developers’
The planning application hails
the next step of the Unity Square story – and development is likely to start early in 2019. The contractor is Chamber member Bowmer & Kirkland. Lorraine Baggs, Head of
Investment at Invest in Nottingham,
Housing association takes on housing crisis
A leading East Midlands housing association will deliver 57 brand new, top quality homes in Derby as part of its commitment to tackling the housing crisis. Futures Housing Group, which
owns and manages nearly 10,000 homes across the region, will develop 31 affordable rent, 14 social rent and 12 shared ownership properties in Mickleover. The scheme is part of a larger
Miller Homes development on Hackwood Park. Marcus Keys, Group Director of
Business Growth and Transformation at Futures, said: “We’re delighted to announce our 57-home development in Mickleover. This is our largest Section 106 acquisition ever and helps us provide some much needed new homes in the Derby area. Alongside our affordable and
social rent units, which is at the heart of what Futures does, we also have the 12 shared ownership properties, which is a fantastic way for people to get on the property ladder. “We have an excellent working
relationship with Miller Homes, and we know they deliver top quality.”
said: “Unity Square is a prominent high quality development in this significant part of Nottingham – already seeing a massive resurgence in attracting multi- million-pound regeneration. “The scheme indicates the
growing confidence in Nottingham
as a city which is ripe for both occupiers and developers and we anticipate substantial interest in the months to come. 2019 is gearing up to be a momentous year for Nottingham’s regeneration plans.” Based in the East Midlands, and headquartered in Derbyshire, Sladen Estates has an established background in the regional commercial property market and a track record of delivering large- scale developments across the UK.
A CGI impression of the new builds in Mickleover
The first new homes will be
available in early 2019 with the scheme set to be completed in 2025. Alastair Parsons, Area Sales
Director, Miller Homes Midlands, said: “We're thrilled to be working alongside Futures at our Hackwood Farm development in Derbyshire and we’re looking forward to creating a thriving community in which families can call home for years to come.” Futures Housing Group is on its
way to creating 1,000 new homes by 2020 to help ease the UK housing crisis. In the past five years there has been a shortfall of almost 25,000 homes in the East Midlands.
business network December 2018/January 2019 79
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