Built Environment Networking Blog: East Midlands News

Urban Group gets green light for 300-bed PBSA project

Planning permission has been granted for a major new student accommodation scheme in Nottingham’s Southside Regeneration Area, on Traffic Street, that will offer a total of 297 bedrooms. The site is currently occupied by a parking area and two industrial units that will be demolished to make way for the development. Planning Permission was secured […]

Posted by: Mya Driver

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Urban&Civic to acquire L&Q Estates from L&Q Group

London & Quadrant Housing Trust (“L&Q”) and Urban&Civic plc (“Urban &Civic”) are pleased to announce that the acquisition of L&Q Estates by Urban&Civic is now unconditional and will complete shortly. Urban&Civic, a leading Master Developer in the UK, was identified by L&Q as a logical purchaser to keep faith with the intention of boosting housing […]

Posted by: Mya Driver

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Wavensmere Homes Launches £10m Short-term Rental Facility at Nightingale Quarter, Derby

Wavensmere Homes has launched ‘Covo’ a £10m short-term rental operation within the newest apartment building to complete at its £175m Nightingale Quarter development in Derby city centre. Bookings are being taken for stays of two nights or longer via a dedicated online portal. Comprising all 52 apartments within the six-storey red brick Hardwick House – […]

Posted by: Mya Driver

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Wavensmere Homes’ £75m Plans for Derby’s Friar Gate Goods Yard Recommended for Approval

Plans submitted by Wavensmere Homes and Clowes Developments for the redevelopment of the city’s historic Friar Gate Goods Yard have been recommended for approval by Derby City Council’s planning officials. The detailed design proposals – submitted in August 2023 – set out the vision for the reanimation of two landmark Grade II listed buildings into […]

Posted by: Mya Driver

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West Northamptonshire Council Acquires St James’ Depot for Northampton Revitalisation

In a strategic move to revitalise Northampton, West Northamptonshire Council has acquired the former St James’ Depot, an area lying dormant for over a decade. This 4.5-acre site is set to be transformed into a vibrant housing development as part of Northampton’s broader regeneration efforts. The council, having purchased the site from Church’s Shoes, is […]

Posted by: Mya Driver

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DFI snaps up £35.6m Leicester student accommodation block

Investor Deutsche Finance International (DFI) has stepped up its drive to acquire purpose-built student accommodation (PBSA) with a £35.6m purchase of a 462-bed development in Leicester. The London-based firm, which manages nearly €3bn in assets, has completed off-market with developers Watkin Jones on behalf of its pan-European Value Add Fund. The deal represents DFI’s second […]

Posted by: Mark Flanagan

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Travis Perkins boost for CEG’s Nottinghamshire development

Property investors CEG has submitted a detailed planning application to deliver a 1,933 sqm builders merchant facility for Travis Perkins at the Vesuvius retail park in North Nottinghamshire. The proposal will further regenerate this brownfield site and address a live requirement for a new bespoke Travis Perkins facility within Worksop. CEG is currently managing the comprehensive […]

Posted by: Mark Flanagan

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Nottingham town centre redevelopment restarting thanks to £12m grants

Nottingham City Council (NCC) has received £12m in funding to pave the way for the restart of its Broadmarsh shopping centre redevelopment. NCC has received £8m from the D2N2’ Local Enterprise Partnership’s Getting Building Fund along with £4m of match funding from the Transforming Cities Fund to complete the demolition phase, which is due to […]

Posted by: Mark Flanagan

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Councils unite for ambitious £5bn East Midlands regeneration plan

Five councils in the East Midlands today announced they have joined forces to create a £5bn regeneration plan across three huge sites in the region. Nottinghamshire and Leicestershire County Councils have partnered with Broxtowe Borough, Rushcliffe Borough and North West Leicestershire District Council to fund an interim body that will eventually become the East Midlands […]

Posted by: Mark Flanagan

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Hammerson reveals new look for former Debenhams store

Hammerson, who this week announced a £1.6bn write down of its retail property portfolio, has submitted plans to redevelop the former Debenhams in Leicester into new homes for rent. The property investment company has worked jointly with private-rented-sector specialist Packaged Living, which has extensive experience of bringing forward high quality PRS schemes, to develop the […]

Posted by: Mark Flanagan

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