Plans revealed for 235,100 sq ft office scheme

Peveril Securities and its joint venture partner Sladen Estates have revealed plans for the second phase of its Unity Square scheme in Nottingham city centre.

The move follows a outline Environmental Impact Assessment application for almost 235,100 sq ft of office space across 13 storeys which was given the go-ahead in January 2019.

HMRC is set to move into the first phase of the scheme later this year.

A document seen by TheBusinessDesk.com reads: “The intention of the applicant, Peveril Securities, remains to move forward with a commercial development for phase 2 of Unity Square. Upon approval of the reserved matters Peveril (with its joint venture partner, Sladen Estates) will continue to seek occupiers for the phase 2 office scheme to compliment phase 1 (which will be occupied shortly by HMRC).

“The submission of reserved matters in accordance with the deadline set out in the hybrid consent will therefore allow the consent for phase 2 to remain live, following which there will be submissions of the pre-commencement conditions.

“During this period Peveril/Sladen would endeavour to attract occupiers for what will be a significant office development adjacent to HMRC. The granting of reserved matters consent will provide additional momentum to the marketing of the phase 2 site.”

Unity 2, as it is being called, will be designed by 5Plus, the same architect which worked on the first phase of the scheme.