itsu Broadmarsh Retail Nottingham Midlands Regeneration

The major regeneration of intu Broadmarsh and the surrounding land in Nottingham has moved a step forward after Nottingham City Council chiefs gave the programme of schemes the thumbs up. The project, which will transform the area close to the Train Station, will deliver a exceptional new gateway into the City and create a thriving and vibrant area in a currently unloved area.

Nottingham City Council, who’re set to speak at the Nottinghamshire Development Plans Conference about the plans, have agreed to plans alongside intu’s own board – which now means the contracts for works can be finalised. The plans for the site will drive over £250m of investment including the creation of:

  • Redvelopment of intu Broadmarsh into a modern retail and leisure destination
  • Pedestrianised route between intu Broadmarsh and Nottingham Train Station
  • Creation of a new city bus station and car park
  • State of the art Central Library
  • New Nottingham College building – set to be integrated into local businesses and the working community

It’s an incredibly exciting time for the region currently, with the focus on developing the southern area of the city also bringing further investment – with Unity Square, City Buildings, Station Street and Carrington Street seeing some major new schemes coming to the fore.

Cllr Jon Collins, Leader of Nottingham City Council – who’ll be represented by Paul Seddon (Director for Planning and Regeneration at the City Council), said: “This is the latest step in turning our proposals for the Broadmarsh area into reality, and approval today means that subject to contracts being signed, works in the area can start very quickly and hopefully very soon. The people of Nottingham have shown a lot of patience by waiting for the forthcoming redevelopment of the area, and it’s about to be rewarded. This redevelopment is for them and the future of this city – it will bring jobs, growth, more visitors and greater confidence in the city centre.”

He added: “This City Council and our partners are investing heavily in this redevelopment, which is inspiring private sector investment around the area, at Unity Square, City Buildings and the Island Site to name a few, meaning there will be better opportunities for those who live and work here and more prosperity for local people. The money the council is investing in this is not council tax – we have secured external funding and loans, supported by increasing car parking, advertising and rental income so council services aren’t affected.”

 

Join Nottingham City Council, CERT Property, Milligan Retail and more at the Nottinghamshire Development Plans Conference to get the latest news on the region’s schemes and hear about procurement opportunities.

Click here to register for the event.