Broadmarsh redevelopment – we have lift-off

Broadmarsh Redevelopment - Rothera Sharp Solicitors, Nottinghamshire

After years of false starts, bungled planning applications and at least one recession, it looks – at long last – like the redevelopment of the Broadmarsh shopping centre is on the way.

The first stage of this is the demolition of the unloved architectural monstrosity that is the Broadmarsh car park.

In its place will come a new, modern car park, funded by Nottingham City Council. Interestingly, the council has said the new car park will feature its own retail offering.

By knocking it down and starting again, the council says it can create a new development with shops and cafes in keeping with intu’s redevelopment of the shopping centre, while also creating modern car park and bus station facilities. It would also remove the need for ongoing remedial works and reduce future maintenance costs.

As part of the council’s wider investment in the Broadmarsh area, streets around the car park will have traffic removed to create a much-improved, pedestrian-friendly entrance to the city centre from Nottingham Station.

The demolition of the car park would take around six months to complete. Such a significant development in a key central location would have an impact on traffic but the council says it would take action to keep traffic moving. Plans would also be put in place for car park and bus station users. Construction of the new car park could begin early next year and be complete by the end of 2019.

It cannot be overstated how important the redevelopment of the Broadmarsh is. This could quite easily have a domino effect across the south side of Nottingham city centre bringing forward not only a new retail offer but much-needed new office space, creating hundreds of jobs. Exciting times indeed.

If you need advice on Commercial Property contact Rothera Sharp’s Commercial Property team on 0800 0886280 or email enquiries@rotherasharp.co.uk