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Sladen Estates

NEW GOVERNMENT HUB IN NOTTINGHAM COMPLETES CONSTRUCTION

DESCRIBED as one of the most transformational developments delivered in the East Midlands in more than a decade, Unity Square – the new UK Government Hub in Nottingham, which will be home to HM Revenue and Customs’ (HMRC) and other government departments – has now completed construction. The Grade A

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DEVELOPERS ACQUIRE KEY NOTTINGHAM CITY CENTRE SITES

DEVELOPERS Peveril Securities and Sladen Estates, the team behind the landmark Unity Square scheme in Nottingham, have acquired a number of key buildings in the heart of the city’s Southside area. The sites, which include Albion House in Greyfriar Gate, and Hanson House and Midland Scooter Centre in Collin Street, are

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SLADEN ESTATES EXPANDS SENIOR TEAM WITH NEW DEVELOPMENT DIRECTOR

NATIONAL property developer Sladen Estates has announced the appointment of Mark Nicholson as a development director. Mark brings with him 15 years’ experience in the property industry, working across multiple sectors from industrial to residential, accruing particular success in the student accommodation sector. Mark said: “Sladen Estates is working on

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Modern Student Accommodation in Durham

The centre of Durham has welcomed a new, purpose-built student accommodation scheme incorporating a former Victorian hospital, which was successfully completed in anticipation of this year’s intake of students. Sladen Estates, Peveril Securities and Helios Properties completed the high-specification, 362-bed development Rushford Court three weeks ahead of schedule. “We are

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Steve Melhuish Appointed as Architect Sladen Estates

Sladen Estates, the national development company, has appointed a new architect to improve their design team. This appointment has been made following the acquisition of a number of development sites located across the UK. Joining the team at Sladen is Steve Melhuish, who has extensive experience of working in both

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Latest Issue

BDC 318 : Jul 2024

Sladen Estates

NEW GOVERNMENT HUB IN NOTTINGHAM COMPLETES CONSTRUCTION

DESCRIBED as one of the most transformational developments delivered in the East Midlands in more than a decade, Unity Square – the new UK Government Hub in Nottingham, which will be home to HM Revenue and Customs’ (HMRC) and other government departments – has now completed construction. The Grade A office scheme in Queensbridge Road, Nottingham has been eagerly anticipated since it was announced in late 2018 that HMRC, which is leading the delivery of Phase 1 Government hubs, had entered a 25-year pre-let on the development for the Government hub with Peveril Securities and its joint venture partner Sladen Estates. The provision of this ultra-modern, state-of-the-art, ten-storey office building will serve as a catalyst for regeneration in the Southside area of Nottingham and give the firms the momentum to bring forward their other office developments at Broadmarsh West and Unity Phase Two. Ralph Jones, managing director of Peveril Securities and main board director of Bowmer + Kirkland, said: “HMRC’s decision to award this Government Hub in the heart of Nottingham to Peveril Securities and Sladen Estates shows the confidence that HMRC had in our ability to fund and deliver this important scheme above other locations and developers that could have been in the running. It is hugely significant for the region, as well as for everyone who lives and works here, transforming the area around the city’s train station. With thousands of people set to work in the offices, businesses in the area will benefit from the increased footfall of workers in the area. “Those working in the building will benefit from Nottingham’s superb transport links, being right next to bus, train and tram services. The structure also serves as a remarkable landmark for commuters arriving at the train station, providing the sort of impressive development you would expect on arrival in one of the UK’s major cities.” The official handover of the regional hub took place today (Tuesday 11 May) via a virtual ceremony. Colin Casse, locations programme director at HMRC, said: “HMRC has a long-standing presence in Nottingham and the new Government Hub will be home to our Nottingham Regional Centre. A stunning building, right in the heart of the city, 1 Unity Square will provide a flexible modern working environment that can be adapted as our ways of working develop in the future. We are looking forward to the first colleagues moving into the building early in 2022.” The scheme has been constructed by Derbyshire based Bowmer + Kirkland, with the contractors having to contend with the coronavirus pandemic during the final stages of the build. Steve Chambers, regional director at Bowmer + Kirkland, said: “We are very pleased to have completed this significant project on time in what has been a very challenging environment. Working closely with Peveril Securities, Sladen Estates, HMRC and L & G has allowed us to overcome the challenges we have encountered – particularly during the past year – and I would personally like to thank all of the staff, trades people and companies involved in the project who have worked extremely hard in very challenging circumstances to deliver the scheme.” Designed by Manchester-based award-winning architecture firm 5 Plus, the development is set to be one of HMRC’s largest regional offices, accommodating more than 4,000 colleagues. Nick Sladen, chief executive of Sladen Estates, said: “Every development has faced challenges over the past year, but we are really pleased that despite the coronavirus pandemic, Bowmer + Kirkland have been able to keep Unity Square construction on track.   “Unity Square will have a positive impact on job creation and the economic growth of the area. It should prove to be a spark for significant regeneration in the Southside of Nottingham and provides a striking addition to the city skyline. We are really pleased that despite the coronavirus pandemic and all of the labour and material sourcing issues that caused that the scheme continued on track for its original target completion date.” Peveril Securities and Sladen Estates purchased the 1.14-hectare site in Queensbridge Road – opposite Nottingham train station – in 2015 and demolished the existing derelict car parks before embarking on the city’s largest and most eagerly anticipated scheme, with the government hub being forward funded by LGIM Real Assets (Legal & General).

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DEVELOPERS UNVEIL PLANS FOR NEW £200M BUSINESS QUARTER BY FORMER BROADMARSH CENTRE

IMAGES of an ambitious new development of grade A office space by the former Broadmarsh shopping centre in Nottingham have been revealed for the first time. The development, called New Albion Place, is a joint venture between Peveril Securities and Sladen Estates – the team behind the successful delivery of the new HMRC headquarters in Nottingham – and will be built by Derbyshire-based Bowmer + Kirkland. They plan to transform two acres of land flanked by Canal Street, Collin Street and Greyfriar Gate into top quality office space. The plans will kick-start regeneration in this important part of the city, which is an area currently very much in the spotlight – and a cornerstone of Nottingham’s transformation. Ralph Jones, managing director of Peveril Securities, said: “We are in early discussions with a variety of occupiers for more than 250,000 square feet of space and are very excited to bring forward this development. For many years Nottingham has needed a dedicated central business district to provide much-needed large floor plate ‘Grade A’ office buildings to retain key employers within the city and stimulate inward investment.  “We believe that this development will complement the proposed open spaces being considered at Broadmarsh and through the renovation of Hanson House and Richmond House, will retain some of the original heritage of the area. It will add to the ongoing transformation on the Carrington Street link between the station and central Nottingham, which has included the recent refurbishment of the City Buildings, the construction of the new library and car park complex, and the ongoing public realm work on Collin Street.” The developers have acquired the freehold and long leasehold interests in a large proportion of the site, including the old Midland Scooter Centre, Chinese supermarket, Albion House and open car parking. It is anticipated that the 37,167m² (400,000ft²) office space will create up to 5,000 new jobs with a completed investment value of circa £200 million. Sladen and Peveril are in conversations with Nottingham City Council about New Albion Place – which will boost the local economy and help a city in post-COVID recovery. Nick Sladen of Sladen Estates said: “This scheme is a great opportunity for Nottingham to reinvent itself following the pandemic and take advantage of the transformation of the Broadmarsh area – not just for green space and leisure areas, but for much-needed office development that will provide real sustainable growth and inward investment. “Nottingham has an opportunity to totally redefine its city centre. As a locally based national developer, we are committed to helping the city make this work and our willingness to make such a significant investment in the city will kick start the wider regeneration proposals planned by the city. “We have a proven track record throughout the UK and locally, with Unity Square – a building on former derelict land which has secured thousands of jobs for the city – and has put Nottingham on the map as a major employment city.” The developers are aiming to submit a detailed planning application in the autumn, with a view to commencing construction work in 2022. Construction is expected to take 24 months. The appointed letting agent and development adviser for the scheme is FHP Property Consultants. John Proctor of FHP said: “In order for Nottingham to retain its status as the regional capital of the East Midlands, it needs offices of a scale and nature that one finds in other major centres within the UK.  “We are privileged to have national developers of the size and stature of Peveril and Sladen, which are locally-based and capable of delivering a scheme of national importance. Their initial speculative intervention and purchase of the former car park and redundant buildings opposite to Nottingham Station led to the successful delivery of the first phase of Unity Square, which will soon be occupied by HMRC.  “For Nottingham to achieve its aspirations as a core city of regional significance we need schemes of this size and stature to both retain our existing employers and attract inward investment. The central business district on the south side of the city has now been more than ten years in the making and finally one can see, thanks to Peveril Securities and Sladen Estates, that this objective can now be realised.”

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DEVELOPERS ACQUIRE KEY NOTTINGHAM CITY CENTRE SITES

DEVELOPERS Peveril Securities and Sladen Estates, the team behind the landmark Unity Square scheme in Nottingham, have acquired a number of key buildings in the heart of the city’s Southside area. The sites, which include Albion House in Greyfriar Gate, and Hanson House and Midland Scooter Centre in Collin Street, are set to play an important role in the ongoing redevelopment of this area. Once developed, the sites could accommodate some 300,000 sq ft of prime office space with an end value of £150m, bringing much-needed employment space into this part of the city centre. Managing director of Peveril Securities, Ralph Jones said: “We are delighted to complete this strategic purchase of these sites with Sladen Estates which, combined with our control of Ocean Nightclub, will allow us to play a major part in the redevelopment of this area, building upon our recent successes in Nottingham city centre with our 275,000 sq ft pre let at Unity Square to HMRC. “The sites are suitable for a range of uses and could include a mix of office and residential space that will be complementary to the neighbouring uses currently under development.  Despite the current challenges facing the country, we have been encouraged by Nottingham’s resilience and believe the site is ideally placed to continue the growth the city had been experiencing prior to COVID-19.” Discussions are already underway with Nottingham City Council to determine a suitable use for the site, with consideration also given to any future plans for the redevelopment of intu Broadmarsh following its transfer to council control in recent weeks. Chief executive of Sladen Estates, Nick Sladen added: “Sladen and Peveril have an intimate knowledge of the local market and national development and contracting expertise so we jointly have the scale, expertise and resources to make the most of the opportunity that our latest purchase presents.” The announcement comes immediately after the partnership announced the acquisition of 34 acres of development land in Bicester, Oxfordshire to develop a £350m office park. For more information, please visit: www.sladenestates.co.uk  

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SLADEN ESTATES EXPANDS SENIOR TEAM WITH NEW DEVELOPMENT DIRECTOR

NATIONAL property developer Sladen Estates has announced the appointment of Mark Nicholson as a development director. Mark brings with him 15 years’ experience in the property industry, working across multiple sectors from industrial to residential, accruing particular success in the student accommodation sector. Mark said: “Sladen Estates is working on some really transformative schemes at the moment and I’m thrilled to join the team at such an exciting time. I’m looking forward to drawing on my previous experience and contributing to the delivery of high standard developments throughout the UK.” Mark will be working with the development team on the delivery of developments across Sladen Estates’ portfolio, with particular focus on private rented sector (PRS), build-to-rent (BTR) and student accommodation. The company currently has a forward development portfolio of £800m, including HMRC’s new 276,600 sqft East Midlands regional centre at Unity Square, Nottingham. Nick Sladen, chief executive of Sladen Estates, said: “Mark’s experience speaks for itself and we’re very pleased to welcome him into our senior team as we expand and celebrate our 20th anniversary. We very much look forward to working with him on the delivery of various projects throughout the country.” Celebrating two decades in business this year, Sladen Estates is a commercial property development company operating nationally in the industrial, offices, retail, PRS and student accommodation sectors. For more information, please visit www.sladenestates.co.uk.

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PLANNING GOES IN FOR 10 & 13 STOREY OFFICE DEVELOPMENT SET TO CHANGE NOTTINGHAM LANDSCAPE & CREATE THOUSANDS OF JOBS

THE MOST transformational office development scheme to happen in the East Midlands in more than a decade has been submitted to Nottingham City Council, creating thousands of jobs – and setting a ‘cornerstone’ for the city’s Southern Gateway. Developers Peveril Securities and Sladen Estates have lodged a planning application to bring 62,022 sq m of Grade A office space to Unity Square, the 1.14 hectare site in Queensbridge Road, opposite Nottingham Train Station. The eagerly anticipated scheme will advance the £250 million Southern Gateway regeneration project – creating a new business district within an area of the city desperately in need of redevelopment. The planning application encompasses two office buildings – the first being ten storeys and the second being 13 storeys high. The build will be in two phases with landscaping and an attractive urban space connecting Unity Square and the station, creating a stunning entrance to this part of the city. The height and scale of the office buildings, along with urban spaces is set to create a brand new city landscape. Peveril Securities and Sladen Estates purchased Unity Square in 2015 and demolished the derelict car park buildings last year. Unity Square is seen as a crucial area of redevelopment with huge potential – and a cornerstone of Nottingham City Council’s vision for the city’s Southern Gateway, said Ralph Jones, MD of Peveril Securities. Today’s planning application hails the next step of the Unity Square story – and development is likely to commence early in 2019. The contractor is Bowmer & Kirkland. Jones said: “There is significant long-term investment in this area of the city. Nottingham Train Station was the catalyst and coming up is intu Broadmarsh’s forthcoming redevelopment along with other significant schemes expected over the next couple of years. “It is an exciting time for Nottingham with many significant schemes on the horizon and cranes expected on the Unity Square site in the next 12 months. “Looking ahead, the occupiers of Unity Square will be at the heart of this regenerated area of Nottingham, allowing them to take advantage of the multitude of local facilities and excellent transport links.” “The city council has been proactive in supporting the scheme which has generated strong interest from a number of office occupiers. Now that the existing buildings on site have been demolished, it is possible to see the huge potential for not just this site, but for the city as a whole,” said Nick Sladen, Sladen Estates’ chief executive “Unity Square is a major piece in the Southern Gateway jigsaw. “Unfortunately, Nottingham has struggled to provide Grade A office space over the last few years. Unity Square will help to bridge that gap. “With hundreds of people working in offices in Unity Square, we see ourselves as helping bring forward an entirely new business community – breathing new life into the southern gateway – and boosting the Nottingham economy. “There will be significant job creation up to and during the build programme, and once complete local eateries and shops will benefit from the hundreds of people working there. “Unity Square will benefit from Nottingham’s superb transport links – bus, train and tram -and it will create a magnificent backdrop for commuters arriving from Nottingham Station – providing the sort of dynamic surroundings you’d expect to see as you step from the train in one of the UK’s Core Cities. “We have strong occupier interest in the site, which is why we’ve submitted a planning application. Peveril Securities and Sladen Estates have an in-depth knowledge of the local market and national development, along with contracting expertise, and has the scale, expertise and resources to bring this scheme to fruition,” Sladen added. Lorraine Baggs, head of investment at Invest in Nottingham, said: “Unity Square is a prominent high quality development in this significant part of Nottingham – already seeing a massive resurgence in attracting multi-million pound regeneration. “The scheme indicates the growing confidence in Nottingham as a city which is ripe for both occupiers and developers and we anticipate other substantial interest over the months to come. 2019 is gearing up to be a momentous year not just for Nottingham’s regeneration plans as a whole, but for this area of the city to considerably advance its landscape.” Based in the East Midlands, and headquartered in Derbyshire, Peveril Securities and Sladen Estates have an established background in the regional commercial property market. They have a track record of delivering large-scale developments across the UK. Over the last 20 years, they have jointly completed projects worth more than £500 million in sectors including office, industrial, leisure and student accommodation. Peveril Securities and Sladen Estates have a portfolio with a development end value of around £750 million. Peveril Securities and Sladen Estates bought the Unity Square site from Peel Land and Property Group in 2015 for an undisclosed sum. The site came with planning approval for a mixed use scheme of office, hotel, retail and leisure. This new planning submission will supersede the previous application.

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PLANNING GOES IN FOR 10 & 13 STOREY OFFICE DEVELOPMENT SET TO CHANGE NOTTINGHAM LANDSCAPE & CREATE THOUSANDS OF JOBS

THE MOST transformational office development scheme to happen in the East Midlands in more than a decade has been submitted to Nottingham City Council, creating thousands of jobs – and setting a ‘cornerstone’ for the city’s Southern Gateway. Developers Peveril Securities and Sladen Estates have lodged a planning application to bring 62,022 sq m of Grade A office space to Unity Square, the 1.14 hectare site in Queensbridge Road, opposite Nottingham Train Station. The eagerly anticipated scheme will advance the £250 million Southern Gateway regeneration project – creating a new business district within an area of the city desperately in need of redevelopment. The planning application encompasses two office buildings – the first being ten storeys and the second being 13 storeys high. The build will be in two phases with landscaping and an attractive urban space connecting Unity Square and the station, creating a stunning entrance to this part of the city. The height and scale of the office buildings, along with urban spaces is set to create a brand new city landscape. Peveril Securities and Sladen Estates purchased Unity Square in 2015 and demolished the derelict car park buildings last year. Unity Square is seen as a crucial area of redevelopment with huge potential – and a cornerstone of Nottingham City Council’s vision for the city’s Southern Gateway, said Ralph Jones, MD of Peveril Securities. Today’s planning application hails the next step of the Unity Square story – and development is likely to commence early in 2019. The contractor is Bowmer & Kirkland. Jones said: “There is significant long-term investment in this area of the city. Nottingham Train Station was the catalyst and coming up is intu Broadmarsh’s forthcoming redevelopment along with other significant schemes expected over the next couple of years. “It is an exciting time for Nottingham with many significant schemes on the horizon and cranes expected on the Unity Square site in the next 12 months. “Looking ahead, the occupiers of Unity Square will be at the heart of this regenerated area of Nottingham, allowing them to take advantage of the multitude of local facilities and excellent transport links.” “The city council has been proactive in supporting the scheme which has generated strong interest from a number of office occupiers. Now that the existing buildings on site have been demolished, it is possible to see the huge potential for not just this site, but for the city as a whole,” said Nick Sladen, Sladen Estates’ chief executive “Unity Square is a major piece in the Southern Gateway jigsaw. “Unfortunately, Nottingham has struggled to provide Grade A office space over the last few years. Unity Square will help to bridge that gap. “With hundreds of people working in offices in Unity Square, we see ourselves as helping bring forward an entirely new business community – breathing new life into the southern gateway – and boosting the Nottingham economy. “There will be significant job creation up to and during the build programme, and once complete local eateries and shops will benefit from the hundreds of people working there. “Unity Square will benefit from Nottingham’s superb transport links – bus, train and tram -and it will create a magnificent backdrop for commuters arriving from Nottingham Station – providing the sort of dynamic surroundings you’d expect to see as you step from the train in one of the UK’s Core Cities. “We have strong occupier interest in the site, which is why we’ve submitted a planning application. Peveril Securities and Sladen Estates have an in-depth knowledge of the local market and national development, along with contracting expertise, and has the scale, expertise and resources to bring this scheme to fruition,” Sladen added. Lorraine Baggs, head of investment at Invest in Nottingham, said: “Unity Square is a prominent high quality development in this significant part of Nottingham – already seeing a massive resurgence in attracting multi-million pound regeneration. “The scheme indicates the growing confidence in Nottingham as a city which is ripe for both occupiers and developers and we anticipate other substantial interest over the months to come. 2019 is gearing up to be a momentous year not just for Nottingham’s regeneration plans as a whole, but for this area of the city to considerably advance its landscape.” Based in the East Midlands, and headquartered in Derbyshire, Peveril Securities and Sladen Estates have an established background in the regional commercial property market. They have a track record of delivering large-scale developments across the UK. Over the last 20 years, they have jointly completed projects worth more than £500 million in sectors including office, industrial, leisure and student accommodation. Peveril Securities and Sladen Estates have a portfolio with a development end value of around £750 million. Peveril Securities and Sladen Estates bought the Unity Square site from Peel Land and Property Group in 2015 for an undisclosed sum. The site came with planning approval for a mixed use scheme of office, hotel, retail and leisure. This new planning submission will supersede the previous application.

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Modern Student Accommodation in Durham

The centre of Durham has welcomed a new, purpose-built student accommodation scheme incorporating a former Victorian hospital, which was successfully completed in anticipation of this year’s intake of students. Sladen Estates, Peveril Securities and Helios Properties completed the high-specification, 362-bed development Rushford Court three weeks ahead of schedule. “We are delighted to have completed this stunning development ahead of schedule for Unite Students. This is a significant scheme for Durham on a site with a great deal of local heritage and we are exceptionally happy with the finished development,” said Chief executive at Sladen Estates, Nick Sladen. The development saw the extensive restoration and modernisation of the original 1850’s Durham County Hospital Harding building, which now houses a range of studio apartments and amenities including: a gym, cinema room, co-study areas and communal entertainment space. Two, modern, purpose-built accommodation wings have replaced the redundant 1970’s buildings on the hospital site. “We have revitalised a gateway site to the city whilst also providing much needed student accommodation to relieve some of the pressure on the local housing stock,” Nick added. The development is owned and operated by Unite Students, the UK’s largest and most established manager and developer of purpose-built student accommodation which operates more than 50,000 beds across the country. “We have seen excellent take up so far which is testament to the quality of services on offer and there is no doubt that Rushford Court offers the best accommodation available in Durham. From our first glimpse of the site and the proposed scheme we knew it would attract a great deal of positive attention, and the finished scheme has realised an even better vision than the plans displayed,” said Matt Painter of Unite Students.

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Steve Melhuish Appointed as Architect Sladen Estates

Sladen Estates, the national development company, has appointed a new architect to improve their design team. This appointment has been made following the acquisition of a number of development sites located across the UK. Joining the team at Sladen is Steve Melhuish, who has extensive experience of working in both the public and private sector. Steve will be joining the business as an Architect and will boost the established in-design team at Sladen. Sladen Estates is a commercial property development company that focuses on industrial, offices, retail and student accommodation. The company operates on sites across the UK, but has their offices in London, Derbyshire and Manchester. Steve Melhuish will be a valuable asset to the company and his expertise will be a great addition to the skillset at the company. Steve has gained more than twenty years of experience working within the industry and has developed an understanding of a wide range of development areas. Steve has held the position of Chief Architect for a local authority and also a number of different commercial practices. Sladen Estates is known for being involved with a wide range of exciting projects and Steve has expressed his eagerness to get to work on the interesting developments carried out by the firm all over the UK. Steve has also had his own experience of working on a number of exciting projects, but is looking forward to getting to work in his new role and helping towards Sladen’s development programme. Sladen welcome Steve Melhuish to the team, who will benefit their experienced and professional in-house design capability. It is vital for Sladen to have an established design team in order to stand apart from their competitors and allow the company to respond to customer requirements as efficiently as possible. Steve’s appointment comes at an exciting time for the company and hopefully both he and Sladen with thrive going forward.

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