Prime gateway site in Nottingham up for sale

A prime site in Nottingham city centre that has planning permission for almost 191 apartments is up for sale.

Savills has been instructed to sell the consented Waterway House scheme which sits just yards from Nottingham’s railway station.

The site, owned by Rainier Developments, was granted planning permission in April and sits on brownfield land surrounded by Crocus Street, Newthorpe Street and Meadows Way.

when built, it will house some 191 apartments made up of a mixture of one- and two-bedroom flats.

Rainier bought the land from Nottingham City Council last year.

At the time, Will Blacker, land director at Rainier Developments, said: “The area around Nottingham train station has been given a new lease of life in recent years via commercial, residential and student developments, and we are excited at the prospect of being able to add to this by helping to potentially transform an unused brownfield site.

“We will now use our extensive planning expertise to apply for planning permission for a modern redevelopment to support not only the wider regeneration of the area, but also the ongoing demand for homes.

“As a company we are keen in investing in sites that we know have the potential to enrich communities, such as this one in Nottingham, and we are actively seeking other sites nationally.

Savills has been contacted for comment.