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The Island Quarter

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Insights

  • Type of Investment Sought: Equity – £250m

  • Target Investor(s): Sovereign Wealth Funds and other long term investors

  • Value and cost info: £1 billion

  • Site Size: 36 acres

  • Jobs: 5,000

  • Timescale: 2022 to 2025

  • Delivery Timescale: Ten years

  • Planning Status: Outline planning granted for full site. Full planning for Phase 1A Canal Turn (restaurant and leisure space) and Phase 2 student accommodation. Planning for 1B hotel and BTR and leisure space pending.

The Island Quarter is an exciting mixed-use development and unique, not just for Nottingham but for the Midlands and the UK. The huge site will be totally transformed to bring new homes, grade A office space, creative spaces, a lifestyle hotel, PRS apartments and co-working space, retail units, a ‘linear’ park and vibrant community and event space as well as student accommodation to the city. The development is a vital part of the regeneration of Nottingham’s Southside and the developers are working closely with Nottingham City Council to align with its vision for the city.

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Key facts

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  • £1bn GDV

  • 909 residential units​

  • 223 room IHG hotel

  • More than 20 restaurants and bars

  • Live music, events and entertainment space

  • Centred around a “green heart” and linked by a linear park​

  • Nearly 60,000 sq ft of office space

  • Accommodation for more than 700 students

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