The Island Quarter
Insights
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Type of Investment Sought: Equity – £250m
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Target Investor(s): Sovereign Wealth Funds and other long term investors
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Value and cost info: £1 billion
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Site Size: 36 acres
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Jobs: 5,000
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Timescale: 2022 to 2025
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Delivery Timescale: Ten years
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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
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909 residential units​
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223 room IHG hotel
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More than 20 restaurants and bars
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Live music, events and entertainment space
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Centred around a “green heart” and linked by a linear park​
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Nearly 60,000 sq ft of office space
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Accommodation for more than 700 students