Investment firm set to submit plans for 2m sq ft Nottingham mixed-use scheme

The investment firm which bought the Boots Island site in Nottingham for £13.5m in December 2016 says it is almost ready to submit a planning application to redevelop the site.

Conygar, which bought the derelict 37-acre site, says it expects to submit plans in the New Year.

In a statement in its annual results filed this week, the firm said: ” The site provides a unique opportunity to create a new vibrant district in the centre of a major UK city and we are working closely with Nottingham City Council to deliver this exciting project.

“We expect the application to consist of a mixed-use scheme of over two million square feet which will include apartments, student housing, offices, leisure uses and associated community retail offering along with open public spaces.”

The site was formerly Boots, the Chemists’ headquarters and laboratories and has been vacant for twenty years.

Conygar says a masterplan is currently being prepared.