John Whittaker’s Peel Group has extended the lifetime of a planning permission for a major regeneration project in Nottingham.
The consent for the 485,000 sq ft mixed-use redevelopment of the Sovereign House site, opposite the city’s main train station, will now last a further three years to allow Peel to continue to work with occupiers, partners and stakeholders to set a framework to deliver the scheme.
Richard Mawdsley, development manager at Peel, said: “We are already in discussion with potential tenants – both hoteliers and office occupiers – but the permission means that the marketing and branding can start in earnest.
“The scheme is a huge statement of intent by both Peel and the city, in demonstrating that Nottingham will compete with the other UK ‘core cities’ as a very serious business proposition.”
Peel’s vision comprises a mixed-use destination focused on a new public square, incorporating grade A, BREEAM Excellent office space, a new hotel as well as retail and leisure premises.
The site is at the heart of Nottingham’s Southside Business District, which is a prominent commercial quarter centred on Nottingham’s main rail station and the tram hub.
Peel was advised by NJL Consulting.
lisa.pilkington@estatesgazette.com
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