Part of a landmark office block in the centre of Nottingham could be transformed into apartments under new plans.
Developer Pearl House Nottingham Ltd has submitted proposals to convert the second to eighth floor of the Pearl House block, in Friar Lane, into 42 apartments.
The block, which was constructed in 1962, overlooks Old Market Square and is notable for ‘PEARL’ branding on the side of the building.
In 2018 the first to ninth floors, a ground floor reception and car parking spaces, were all sold as part of a £3.65 million deal.
The ground floor units are currently let out to Poundland and Costa.
Plans submitted to Nottingham City Council say the developer is seeking a “change of use of the second to eighth floor”.
A number of student flats are already available to rent, after office space on the other floors, including the ninth floor, were converted under previous plans.
Some of the apartments consist of three bedrooms, with en-suite bathrooms, and are marketed for “student living”.
One is currently on the market for £2,197 per month.
The student plans were submitted in 2022, before being approved.
Residential apartments are currently based on the first floor.
Pearl Assurance House was originally bought by AEW UK REIT in May 2016 for £8.15m.
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