Commercial : Mixed-Use News
Major new Bioscience centre proposed for the Island Quarter

Major new Bioscience centre proposed for the Island Quarter

A GROUND-BREAKING new bioscience facility has been announced as the next phase of Nottingham’s The Island Quarter development. Plans submitted to Nottingham City Council today, 2 December 2022, feature more than 245,000 sq ft of high quality, flexible research and laboratory space, further enhancing the city’s reputation as the bioscience

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Joseph Mews Property Group release new images of Jewellery Quarter development

The first CGIs of the residential development Lockside Wharf in Birmingham’s Jewellery Quarter have been released. Property investment company Joseph Mews, which is working with London-based property development company Consortia Developments to bring the properties to market, have released the images this month. Lockside Wharf, once called Scotland Works, is

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Latest Issue
Issue 323 : Dec 2024

Commercial : Mixed-Use News

Addington Capital Sells Mixed-Use Scheme (Resi/ Retail) in East London to Property Development

Addington Capital Sells Mixed-Use Scheme (Resi/ Retail) in East London to Property Development

Addington Capital Sells 1-27 Station Parade, Elm Park, Hornchurch East London to Property Development Solutions Europe Addington Capital, the property investment and asset management specialist and its joint venture partners have sold 1-27 Station Parade Elm Park, Hornchurch, East London to Property Development Solutions Europe for £12 million. Elm Park is a mixed-use scheme comprising 20 retail units, anchored by a 7,000 sq ft Co-op store, and 31 residential units.  The property has been actively asset managed by Addington Capital since the property was purchased in 2014*. Through a reconfiguration of the site and rolling refurbishments on the residential units, the rents have increased 73.5% between purchase and disposal. David Dalrymple, Partner at Addington Capital said, “Our business plan for Elm Park has been successful. The scheme is fully let, and we reached the right stage in our cycle to sell. We believe there is good future redevelopment potential for the scheme to the rear and the potential to add an additional storey of residential to the existing structure.” Agents for the vendors were Allsop LLP. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Approval given for Mixed-Use City Block in Next Phase of Hallsville Quarter Masterplan

Approval given for Mixed-Use City Block in Next Phase of Hallsville Quarter Masterplan

Developer Linkcity has been granted planning permission by the London Borough of Newham for Phase 4 of its Hallsville Quarter development masterplan in Canning Town. Phase 4 proposes a new mixed-use city block designed by architects PRP, which includes 377 purpose-built student accommodation rooms, a wide range of student amenity spaces including a first-floor garden and 7th-floor roof terrace and 487m2 of new ground floor, flexible commercial floorspace and landscaped public realm. As with the previous phases, Bouygues UK will be the main contractor and will take a low-carbon, sustainable approach. Construction is expected to begin towards the end of the year. Planning and development consultancy Montagu Evans have been advising Linkcity on Phase 4, which will deliver the final jigsaw piece of the new town centre. It marks the penultimate phase of the Hallsville Quarter Masterplan and is expected to complete in Summer 2025. In total the Hallsville Quarter development will provide over 1,100 new homes, a new hotel, up to 30,000m2 of leisure, work and retail space with a new art-house style cinema, and community facilities including a new public health centre close to the Canning Town transport hub. New public spaces, pedestrian links, cyclist provisions and secure parking spaces are also included. Phillippa Prongué, Linkcity Managing Director said, “I’m so thrilled we have been given the go ahead to deliver phase 4 of this significant regeneration project in the London Borough of Newham, which will provide much-needed student accommodation in the area. It’s exciting to see the new town centre coming on at pace and students will bring vitality and diversity to this community.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Major new Bioscience centre proposed for the Island Quarter

Major new Bioscience centre proposed for the Island Quarter

A GROUND-BREAKING new bioscience facility has been announced as the next phase of Nottingham’s The Island Quarter development. Plans submitted to Nottingham City Council today, 2 December 2022, feature more than 245,000 sq ft of high quality, flexible research and laboratory space, further enhancing the city’s reputation as the bioscience capital of the UK. With more than 200 bioscience businesses in the city already, the proposed facility will act as an incubator for new and growing companies, in what is a strategically important sector within Nottingham. The plans comprise of two buildings, a five storey east building and a seven storey west building. The two buildings will be connected by a glazed link at upper levels and provide a mixture of laboratory, office and meeting spaces. Featuring rainwater gardens and medicinal planting, the building’s external landscaping is designed to echo the vision for the overall site, with an ecology-focussed street that links the latest phase with the rest of The Island Quarter. This includes raised planters made with natural stone paving blocks in the style of those found in the heritage buildings – connecting the site’s history with its future. The surroundings are designed to respond to the emerging wider masterplan, which is being developed in collaboration with the planning authority and is the subject of ongoing community engagement. These latest proposals will continue the development of the northern edge of the 36-acre development, which also features a 693-bed student accommodation block, due for completion in summer 2024. Christopher Ware, property director at Conygar, said: “Nottingham has a world-renowned reputation as a leading city for innovation, and that is never more the case than in the field of biosciences. Bringing forward this phase of the development will create vital research space for some of the city’s most innovative businesses, and further grow its standing in the bioscience sector.” Richard Watson of The Island Quarter project delivery team said: “This latest phase is another significant step forward for the regeneration of The Island Quarter, bringing the potential for hundreds of new jobs and increasing the footfall across the wider site. With 1 The Island Quarter now fully open for business and the student accommodation set to be ready for the 2024/25 intake, it’s a truly exciting time not just for the project, but for the city as a whole.” To find out more about The Island Quarter, please visit: theislandquarter.com Building, Design and Construction Magazine | The Choice of Industry Professionals

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Joseph Mews Property Group release new images of Jewellery Quarter development

The first CGIs of the residential development Lockside Wharf in Birmingham’s Jewellery Quarter have been released. Property investment company Joseph Mews, which is working with London-based property development company Consortia Developments to bring the properties to market, have released the images this month. Lockside Wharf, once called Scotland Works, is currently under development and will be a careful restoration of a historic Birmingham landmark situated along the city’s canal system. The canal-side development, based on Scotland Street, was formerly offices and is a historic Victorian building, recognised as a hub of manufacturing in Birmingham since 1897. Work has already begun to convert the site into 61 one, two and three-bedroom apartments, split across the restored old building and a brand-new building on the adjacent empty site. There will also be roof extensions, creating four penthouse-style apartments at the top of the development. While one half of Lockside Wharf will be a complete restoration of the original structure, the other will be a newly developed structure on the neighbouring brownfield site. The newly released images by Joseph Mews showcase what the inside of some of the apartments will look like, featuring designer Poggenpohl kitchens, quartz worktops and designer interior styling, as well as wine fridges and balconies. The Joseph Mews Property Group, which officially launched at the start of the year, and was set up by former SevenCapital sales director Andy Foote, is proud to be helping Consortia Developments bring this product to market. Andy said: “Throughout the development it will keep its ‘reclaimed aesthetic’ with exposed brickwork and steel sitting alongside Karndean flooring, state-of-the-art appliances and clean lines. “It’s expected that Lockside Wharf will be a unique proposition for buy-to-let investors interested in Birmingham. The wider development is designed to appeal to the professional tenants flocking to Birmingham in search of work at some of the biggest companies in the city. We are looking forward to bringing these homes to the market, alongside Consortia Developments,” he said. Lockside Wharf is expected to complete in the second quarter of next year. For more details about Joseph Mews email Sales@Joseph-Mews.com or visit www.joseph-mews.com.

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