A deadline for buyers to register their interest in developing a luxury flats complex at the southern end of the River Trent has passed – marking another step towards development.
Work was expected to start to build 81 flats at the Park Yacht Club site in Spring 2016 after planning permission was granted by Nottingham City Council.
But the land, which is owned by Milton Keynes family firm McCann Homes, has not yet been built on.
The site is currently up for sale with planning permission and the deadline for expressions of interest – the process in which prospective buyers of the land were required to register their interest in the site – passed on Friday (June 2).
Nottingham-based firm Franklin Ellis Architects drew up plans for the £17 million scheme. The company was also responsible for the award-winning nearby River Crescent complex.
The site lies at the southern end of Trent Lane, near Colwick, fronting the River Trent and is bordered by the River Crescent to the east, and the Trent Basin development site to the west.
The River Crescent development was built in 2008-09 and includes 146 two and five bedroom executive apartments and was home to former England football manager Sven-Göran Eriksson during his brief spell at Notts County in 2009.
Trent Basin comprises of apartments as well residential housing.
The Park Yacht site was previously home to the Park Yacht Inn pub, which has now closed.
Once complete, the three developments combined will have transformed a once-industrial area into a residential complex on the banks of the river.
Following Friday’s deadline, an informal tender deadline has been set, closing at 5pm Friday, June 23.
