The government’s housing and regeneration agency is acquiring the former Broad Marsh shopping centre in Nottingham along with, land to the west of the Green Heart, a multi-storey car park, a former college site and a 15th century building called Severns House.?
Homes England is now expected to take on redevelopment of the site, commissioning demolition and enabling works to attract private sector developers.
The development of the site is expected to bring forward around 1,000 homes and up to 20,000 sqm of retail and office space.
Homes England chief executive Eamonn Boylan said: “The acquisition of Broad Marsh is a major milestone in the city council’s vision of regeneration for this area of Nottingham.?
“We have worked closely with the council since 2022 to provide professional advice and support. Now that we have acquired the site, our teams will be working with partners to attract the right developer to deliver the new homes, employment spaces and leisure facilities necessary to create a vibrant city centre neighbourhood that the people of Nottingham can be proud of.”??
Nottingham City Council leader Neghat Khan said:?“I have confidence in Homes England and the work they have already delivered across the country.?This is really positive news for Nottingham and marks the start of a major redevelopment for this key part of our city.?
“We know that people have wanted to see progress here for a long time and we understand that it has been a frustration for some that this hasn’t happened.?We’re excited by the plans that Homes England has, and we look forward to working closely with them to bring these to fruition.”?
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