Nottinghamshire targets ambitious regeneration vision
Nottinghamshire County Council has unveiled its ambitious £200 million land programme which aims to help regenerate and bring in more investment to the county.
Working with its property and development partner, Arc Partnership, the programme was showcased during the recent UKREiiF national event, boasts a diverse portfolio of land sites across the county, valued at around £200 million in total. This ranges from residential land to large-scale urban extensions prime for development, from one acre to more than 120 acres.
Councillor James Walker-Gurley, the county council's Cabinet Member for Economic Development and Asset Management attended UKREiiF and was impressed with the reaction to the launch of the land programme. He said:
“We are an ambitious council with a clear vision to unlock new regeneration opportunities and attract the investment needed to help our area thrive. There was a real buzz when we launched this programme, which we are really proud and excited about.
“Collaborating with Arc Partnership, we are unlocking land for homes, creating skilled jobs and investing in our schools and infrastructure to deliver massive benefits for our communities.
“Through this partnership, we’ve recently built the fastest temporary school learning village in the country. It’s a record-breaking achievement that proves our commitment to innovation.
“Our new land development programme is loaded with sites that have been risk assessed and are shovel-ready. These opportunities are available for investors who mean business.
“It’s incredible that as well as all this, we have a former coal site in North Nottinghamshire which will be transformed into a global centre for clean energy. Known as STEP, it will change how the world is powered.
"From pioneering the future of global clean energy, to our impressive land portfolio, Nottinghamshire is the place to do business."
Wayne Bexton, the Council’s Director of Economy, Environment and Assets added:
“The launch of our new programme highlights the potential to invest in and deliver exciting projects in our county,
“Last year we helped generate more than a thousand new homes across ten sites in Nottinghamshire, so we are looking forward to this year being even more prolific.”
Andrea Hopkins, Director of Estates Practice at Arc Partnership, which is a joint venture between the county council and SCAPE said:
"As Nottinghamshire County Council's property and development partner, Arc Partnership has worked closely with the Council to identify and prepare a diverse portfolio of development opportunities that support its ambitions for growth and regeneration.
"By combining the Council's strategic vision with Arc's expertise in property, design and development, we have helped create a programme that provides investors and development partners with confidence in the opportunities available across Nottinghamshire.
"The response to the programme at UKREiiF exceeded expectations, with investors, developers and partners recognising both the quality of the opportunities available and Nottinghamshire's ambition for growth. That positive feedback reinforces the significant potential for investment, job creation and community benefit across the county."
For more information, including a map which shows the locations of the sites available: Land Development Opportunities in East Midlands | Arc Partnership
