Construction work on Broadmarsh expected to start in 2029 as council plans sale
The former Broadmarsh Centre (LDRS)
By Joe Locker, Local Democracy Reporter
Construction work on the site of the former Broadmarsh Centre is expected to begin in 2029 as Nottingham City Council readies it for a sale.
The Labour-led council, which took on the site in 2020 upon the collapse of the shopping centre’s former owner intu, is expected to agree to put the land up for sale at an Executive Board meeting on March 18.
Documents published ahead of the meeting reveal the entire site will be sold “off-market” for redevelopment purposes, but the buyer – or buyers – have not been named publicly.
It also shows building work on the shopping centre area following its demolition is not expected to start until 2029 – nine years after it first close following the collapse of intu.
The entire site being sold includes the remains of the shopping centre, the cleared site to the west of the Green Heart, the NCP multi-storey car park, Severns House and the old college site on Maid Marian Way.
“The purchasers will commit significant financial, specialist, and reputational investment to deliver the Broad Marsh master plan,” documents say.
“The purchaser will begin active works on the project in the short-term and aim to begin construction in 2029/30.
“The buyer has a strong focus on place making, sustainability, and quality, and will require similar from private sector developers.
“This work will be facilitated in part by the recent East Midlands Combined Authority grant which has been provisionally awarded to the council.
“The city will benefit from the jobs, homes and other benefits resulting from the delivery of Broad Marsh.”
On February 24 the East Midlands Combined County Authority (EMCCA) agreed to give almost £3.4m to the continued demolition of the former shopping centre.
The entire demolition project is expected to cost £29.3 million and is due to start in July this year, before finishing in July 2026.
Under a previous plan unveiled in 2021 – drawn up with the help of urban designer Thomas Heatherwick – a vast part the former shopping centre’s external frame was intended to be re-purposed for “innovative” new spaces.
However in May last year the council released its new masterplan for the site, which instead retained a much smaller section of the frame following concerns from potential developers and investors.
Once the shopping centre is demolished, close to 1,000 new homes will be built alongside 20,000 square metres of employment space.
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