A grade II-listed building is set for a £120m redevelopment which could see it turned into a hotel.
The 2.31 acre site, in Burton Street, which was formerly home to Nottingham’s Central Fire and Police stations, could also feature offices and other facilities in conjunction with Nottingham Trent University.
Nottingham City Council is working in partnership with East Midlands-based property developer Miller Birch, who are developing the scheme as part of a wider regeneration strategy to build a better Nottingham.
The property, which was built in 1888 to provide courts and municipal offices, is one of several sites that will be showcased by Invest in Nottingham at the MIPIM property event in Cannes next week.
Councillor Nick McDonald, portfolio holder for business, growth and transport at Nottingham City Council said: “The Guildhall site is unique with its long history and central location.
“I’m pleased to see Miller Birch, with its strong track record in Nottingham, is now set to deliver this vitally important development.
“The City Council has invested over £1 billion into city centre infrastructure projects over recent years, and the development of Guildhall Place will continue that major drive.
“The plans proposed by Miller Birch reflect our aim to grow the city, and we look forward to seeing them come to fruition.”
The company has previously worked on schemes in Nottingham such as the NG2 Business Park, and new facilities for companies including Speedo, Specsavers and Co-operative Insurance.