‘Transformative effect’ of £300m East Mids food production hub Apr 20, 2021 One of the most significant industrial developments in the East Midlands of the last 40 years has been okayed by planners. SmartParc’s £300m food production hub in Derby could lead to the creation of 5,000 jobs and the 2.4million sqm facility is expected to be operational by the end of the year. The 155-acre site, […] Posted by: Mark Flanagan Read more
Orbit Housing Association Announces £48m Green Retrofit Initiative Oct 16, 2023 Orbit, a major housing association managing 47,000 homes, has announced its search for a contractor to carry out a substantial £48m retrofit initiative aimed at decarbonising a significant portion of its housing stock. This move comes as part of the association’s commitment to meeting the standards set by PAS 2035, a comprehensive specification tailored for […] Posted by: Mya Driver Read more
£105 Million Rehabilitation Centre Set to Revolutionise Healthcare Near Loughborough Sep 22, 2023 The UK Government has officially endorsed the establishment of a state-of-the-art £105 million clinical rehabilitation centre located in the scenic surroundings near Loughborough. This National Rehabilitation Centre, set to be situated at Stanford on Soar, will complement the existing Ministry of Defence rehabilitation facility inaugurated in 2018. The Nottingham University Hospitals NHS Trust will oversee […] Posted by: Mya Driver Read more
Derby University’s Urban Revamp: Nuns Street to Witness Major Transformation Aug 25, 2023 Derby University is spearheading a significant urban redevelopment project, with Nuns Street at the heart of this transformation. The long-standing Brook House, which has been vacant for over a year, has received clearance for demolition, marking the beginning of the university’s expansive rejuvenation plan. The project’s overarching vision encompasses the creation of cutting-edge learning facilities, […] Posted by: Mya Driver Read more
£1.14 billion devolution deal for the East Midlands Oct 26, 2022 Derbyshire has been chosen, alongside Nottinghamshire, Derby and Nottingham, to pioneer a new East Midlands Combined Authority. The deal will see £1.14 billion come to the region over 30 years and, as one of the largest combined authorities, will have greater influence at the highest levels to deliver a better quality of life for local […] Posted by: Mya Driver Read more
£1.14 Billion East Midlands Revitalisation: Major Development and Investment Plans Set in Motion Dec 11, 2023 The East Midlands region is poised for a transformation with the approval of a £1.14 billion investment plan, marking a new era of development and opportunity. This initiative follows the creation of the East Midlands Combined County Authority (EMCCA), a move that will centralise and enhance governance across Derbyshire, Nottinghamshire, Derby, and Nottingham. Residents of […] Posted by: Mya Driver Read more
£17.9 million investment to level up Worksop Town Centre Oct 24, 2023 A total of £17.9 million from the Levelling Up Fund has been awarded to Bassetlaw District Council to transform Worksop Town Centre. The funding, along with an additional £2 million from the Council and its partners has allowed the Council to purchase the Priory Centre shopping precinct and begin regeneration work that will provide additional leisure and […] Posted by: Mya Driver Read more
£19.4 Million Redevelopment: Vacant Leicester City Council Offices to be Transformed Aug 7, 2023 Leicester City Council has approved a £19.4 million redevelopment project that will transform the vacant Ian Marlow Centre in Blackbird Road into a hub for high-tech industries and start-up businesses. Pioneer Park Expansion The city council secured the £19.4 million funding to expand Pioneer Park, the city’s science park. This expansion will include two more […] Posted by: Mya Driver Read more
£23m Arcadian Student Complex Enhances Nottingham’s Student Living Dec 11, 2023 The Arcadian, a new £23m student accommodation project under construction in Nottingham’s city centre, is now part of an innovative student housing portfolio. EVO Student, the newest venture by Homes for Students, a prominent provider of purpose-built student accommodation (PBSA), has incorporated the Arcadian into its collection. Urbium Capital, the developer behind the Arcadian, plans […] Posted by: Mya Driver Read more
£25m Deal Seals New Ownership for Leicester’s Meridian Leisure Park Jan 3, 2024 Meridian Leisure Park in Leicester has been acquired by Greenridge Opportunities LP from Legal & General Investment Management (LGIM) for £25 million. The transaction, reflecting a yield of 8.50%, was facilitated in an off-market deal with Montagu Evans advising LGIM and Savills representing Greenridge. Located in a strategic position southwest of Leicester City Centre and […] Posted by: Mya Driver Read more
£6.97 million of funding for East Midlands transport, housing, and skills programmes Jan 30, 2023 £6.97 million in funding for local improvements in the East Midlands has been approved by the Government. The funding which has been given the green light is part of an early investment offered to our area as part of devolution negotiations. It is not dependent on devolution proposals going ahead. It is part of £18 […] Posted by: Mya Driver Read more
£90 Million Student Accommodation Portfolio Hits the Market Across Four UK Cities Mar 1, 2024 Beachrock has announced its role in orchestrating the sale of a purpose-built student accommodation (PBSA) portfolio valued at £90 million, offering 1,494 student bed spaces across prime university cities in the UK. Each individual bed space in the collection is valued at £60,000, presenting an attractive proposition for investors. The portfolio encompasses seven assets situated […] Posted by: Mya Driver Read more
