Maryland Securities Group has submitted plans for Avitus, a residential led scheme which will see the transformation the site of a former lace factory in Nottingham to a major mixed use scheme of housing and shops.
According to the planning application, the scheme is expected to create around 650 jobs during construction and an additional 100-plus permanent jobs in various sectors while injecting £124 million during construction and £26 million from retail and other sectors to the economy.
The multi-million pound residential scheme is to create jobs, boost the local economy – and breathe new life into one of the city’s major arterial routes.
Jacob Jebreel, head of Manchester-based Maryland Developments, said the phased scheme will provide more than 300 stunning, modern one, two and three-bedroom apartments and townhouses targeted at both sale and rental markets plus 10,000 sq ft of quality retail and leisure units on the ground floor.
David Hargreaves, director of Nottingham’s FHP Living, who has been working with Maryland on the scheme, said: “Maryland has brought forward plans for a high quality major regeneration project, designed by one of the leading architects in the UK. This extends the well-established Arboretum residential and student area of Nottingham and is to be a key asset to the local community.”
The gateway site approach to the city is designed by Stephen Hodder MBE, the Sterling prize winner for architecture. Originally from Nottingham, Stephen is one of the most celebrated architects in the UK.
Avitus is a ten-minute walk from the city centre and close to the city tram route. It is close to both universities, and within easy access to the ring road and main arterial routes into Nottingham.
Mr Jebreel added: “We are delighted to be bringing forward this high quality mixed use project and look forward to progress this scheme with the local authority”.
This scheme brings back to life the site of the former Forest Mills bounded by Alfreton Road, Boden Street, Denman Street, and Highhurst Street, which has been disused for several years.
The site has been standing empty for many years, said David Hargreaves. “The scheme will plug the housing gap in the city centre and is perfectly placed for both universities, and the Queen’s Medical Centre.”
Forest Mills was originally built as a lace factory. In 1950 Thackeray & Sons closed it down as the demand for lace declined and a failure to upgrade equipment to modern standards leading to its closure in the 1960s.
