The 40-acre former Boots Island site will be transformed to bring new homes, grade A office space, creative market space, a five-star hotel, retail units, a ‘linear' park and community space as well as new student accommodation to the city.
The site, which had previously lain derelict for several years, was purchased by Conygar Investment Company in 2016. Conygar is working with regeneration specialist Lavignac Securities to deliver the site, which lies between Manvers Street at the bottom of Sneinton and London Road.
The council will now consider the planning application, which has been submitted following several months of consultation and site evaluation, extensive design work and discussions with city stakeholders.
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Christopher Ware, from Conygar, said: "Since purchasing the site, we have been carefully considering our plans for this high-profile site; it has seen a number of false dawns over the years and we have been working hard to ensure that our plans are realistic and will allow us to deliver an achievable scheme that will benefit Nottingham.
"We know how significant this site is for Nottingham and we are committed to delivering a scheme which is not only unique to the city but the UK. We have been working alongside Nottingham City Council and key stakeholders to ensure that our plans complement their vision for the city."
Greg Miller-Cheevers of Lavignac, said: "This scheme forms an integral part of Nottingham's Southern Gateway and we will be creating new places to live, work and play – creating a new community within the city centre.
"Our plans for a mixed-use scheme including homes, retail, office, creative and leisure spaces will complement the other development happening in the city; we are delighted to see this important scheme taking a step forwards."
(LM/MH)
