MIPIM UK NEWS: Peter Gadsby’s Miller Birch has struck a deal with Nottingham City Council to buy one of the city’s best development opportunities.
The sale of the 1.4-acre Guildhall site on Burton Street paves the way for a £110m development – one of the largest the city centre has seen.
Miller Birch plans to build a 410,000 sq ft scheme, which will comprise grade-A offices, student accommodation and conference facilities. Plans also include extending and refurbishing the existing Guildhall as a four-star hotel.
The site previously housed Nottingham’s central police and fire services, which have since moved to Byron House on Maid Marian Way and a purpose built station on London Road respectively.
The East Midlands-based developer aims to start work on site in 2018 and will be seeking prelets for the scheme.