The Peel Group, advised by NJL Consulting, have successfully
extended the lifetime of planning permission for a 45,000 sq m
high-profile, regeneration scheme at the Sovereign House site,
Queens Bridge Road, Nottingham - directly opposite the station.
Unity Square is Peel's vision for a mixed use destination
focused around a newly formed public square incorporating grade A,
BREEAM Excellent commercial office space, a new hotel for the city
and complementary retail and leisure premises.
The site is at the heart of the Southside Business District
which is a highly accessible and prominent commercial quarter
focused around Nottingham's main rail station and the tram
hub.
The new planning permission now provides a further 3 years to
allow Peel to continue to work with occupiers, partners and
stakeholders to set a framework to deliver this catalytic
scheme.
Mark Saunders Senior Consultant at NJL Consulting said "there
has been a lot of very good collaborative work undertaken thus far
since the early concept stage for Unity Square right through to
outline planning permission and beyond, it is very good news that
this has been recognised to allow a more flexible arrangement for
Peel to move on full steam to delivering Unity Square".
Richard Mawdsley Development Manager at Peel said "We are
delighted with the permission for Unity Square. 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".