An investment company behind a huge scheme to regenerate part of Nottingham city centre has welcomed a council decision to grant planning permission.
Conygar is working closely with Nottingham City Council on 拢650 million plans to redevelop Nottingham鈥檚 Southside area.
The new Island Quarter development 鈥 one of the biggest in the 海角视频 鈥 will see a 40-acre site near the Motorpoint arena transformed into new homes, grade A office space, creative spaces, a lifestyle hotel with PRS and co-working space, shops and student accommodation.
Conygar management said they were delighted the city council had agreed to Phase 1A of the plans, called Canal Turn, which include a three-storey pavilion on the waterfront with two restaurants, events space and a large rooftop terrace.
There will be a bandstand and public space, opening up the canal basin area.
A substantial area of new open space will pave the way for the development of the remainder of the site.
Conygar said the permission will be formally granted upon the signing of a Section 106 agreement between the parties, ensuring the developer contributes money to local infrastructure 鈥 including more than 拢1 million towards highways improvements.
Robert Ware, chief executive of Conygar said: 鈥淲e are delighted with the decision of the planning committee which follows a long period of consultation with the Council and other local stakeholders.
鈥淭his is a significant step toward the redevelopment of this important site for Nottingham and we will look to bring the scheme forward as soon as possible.鈥
The planning decision was made yesterday (Wednesday).
Conygar Nottingham director Richard Watson, who is overseeing the plans, has previously said: 鈥淐onygar has been working closely with the architects and design teams to develop these plans, not only for the first phase but also for the bigger site as well.
鈥淭he site will create a worldwide destination for Nottingham which will provide year-round interest and community facilities which can be used from dawn until dusk.鈥
James Dilley, director of architect Jestico+Whiles which has worked on Canal Turn, said: 鈥淭he layers of cultural and historic legacy of this site go on for decades if not centuries.
鈥淲hat we鈥檙e producing is a pavilion that evokes the memory of the industrial and railway age 鈥 something which looks as if it鈥檚 a legacy element that鈥檚 been left on the quayside of a working canal and will blend with that history while providing incredibly up to date and current facilities for the future.鈥
Commenting in July, Paul Seddon, director of planning and regeneration at Nottingham City Council, said: 鈥淭he Island Quarter has been vacant for far too long.
鈥淚t is part of our wider city centre 鈥 it鈥檚 very visible and has perhaps been a symbol of our city in previous years.
鈥淭his project is a significant part of the once-in-a-generation regeneration of Nottingham and as we move into challenging times, seeing this site progress over the next decade will be critical for the city.鈥
