A four-storey apartment block on the banks of the River Trent in Nottingham has been recommended for approval.
The site is located towards the southern end of Trent Lane and sits within the Waterside Regeneration Zone.
It is anticipated around 2,000 homes will be built over the next decade across the regeneration area, as well as a new pedestrian and cycle bridge linking the city to Rushcliffe.
The apartment block, which has been tipped for approval at a Nottingham City Council planning committee next week (April 19), has been proposed on a site that was previously used for industrial purposes.
The previous buildings have already been demolished.
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Planning documents for the apartment block say: “The proposed apartments block would contain seven one-bed apartments and 15 two-bed apartments.
“Access would be an extension to the existing access road, leading to a 23 space car park to the rear.”
It sits next to a neighbouring site that is also owned by developer Pelham Waterside Two LLP, and this larger site will be used for family housing.
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According to planning documents, permission for a five-storey block on the site was approved back in 2020, but due to cost concerns the developer now hopes to secure permission for a four-storey block.
Planning documents say: “Planning permission has been previously granted on December 11, 2020, for the redevelopment of the larger site, including the demolition of the previous buildings and the construction of 12 houses and 27 apartments.
“The apartment block element of the granted planning permission was for a five-storey building.
“While the demolition of the previous buildings has occurred, development has yet to be commenced and the alternative development of the apartment element is the subject of this planning application.
“The application states that while the approved development was put out to competitive tender, the returned tenders exceeded the development value,
particularly in the case of the apartment element, and therefore it was decided that the apartment design needed to be revisited to make it commercially viable.”
Pelham Waterside Two LLP’s plans come alongside separate proposals to transform the site, including through the building of luxury apartments as part of The Yacht Club development, as well as hundreds of homes in Trent Basin.
In the same meeting on April 19, city councillors will also decide whether to approve 110 new homes for the next phase of the £100m Trent Basin development.