Plans to build up to 1,000 new homes in Nottingham city centre as part of a broader regeneration strategy have moved forward.
The UK Government’s housing and regeneration agency, Homes England, has agreed to buy the former Broad Marsh shopping centre site from Nottingham City Council, unlocking its future development.
As well as Broad Marsh, Homes England will acquire the council’s land ownership west of the Green Heart, a multi-storey car park, Severns House and a former college site.
The next stage will include “de-risking” the site, such as demolition and enabling works, to attract private sector developers.
The development will bring forward around 1,000 homes, up to 20,000 sqm of retail, office and community space and create around 2,000 full-time jobs.
Broad Marsh is Nottingham’s “top priority” regeneration project, with the establishment of a new Nottingham College Hub, Central Library, Broad Marsh bus station, car park, and the Green Heart public realm.
The project will also benefit from investment by the East Midlands Combined County Authority.
“The acquisition of Broad Marsh is a major milestone in the city council’s vision of regeneration for this area of Nottingham,” said Eamonn Boylan, chief executive of Homes England.
“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.”
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