The site, which is situated opposite Nottingham Railway Station, has planning consent for up to 450,000 sq ft of Grade A office accommodation, a new hotel alongside other retail and leisure uses surrounding a brand new public square.
The developer behind one of Nottingham’s most significant regeneration projects will be showcasing what it could offer potential occupiers at MIPIM, the world’s largest property show held in Cannes every year (14-17 Mar).
Sladen Estates, together with Peveril Securities, purchased Unity Square with the aim of driving forward its development and further enhancing the city’s southern gateway.
Nick Sladen, chief executive of Sladen Estates, said: “One of the biggest challenges facing the Nottingham market is a lack of new development, particularly within the office sector, and Unity Square will play an important part in boosting the city’s offering.
“The area surrounding the railway station has undergone long-term investment already and there are exciting plans from intu for the redevelopment of intu Broadmarsh. Nottingham City Council has already begun improvement works as part of its part of the vision for the southern gateway; this is an exciting time for Nottingham.
“Unity Square is a really important part of that vision and will put occupiers in the heart of this regenerated area of Nottingham, allowing them to take advantage of these important investments – and that is the message we will be taking out to MIPIM.
“As part of Team Nottingham, we will be talking to some of the world’s most significant investors and we are excited to be able to showcase what is such a pivotal scheme within the city.”
Based in the East Midlands, and headquartered in Derbyshire, Sladen Estates and Peveril Securities have an established background in the regional commercial property market with a track record of delivering large-scale developments across the country. Over the last 16 years, they have jointly completed projects worth more than £300 million in sectors including office, industrial, leisure and student accommodation.
Unity Square is being marketed by Nottingham-based property consultants FHP.