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Unity Square Office Development

The Unity Square development opposite Nottingham Train Station is a joint venture between our development division – Peveril Securities and Sladen Estates and will be built by B+K’s team in the Midlands.

It is set to open in summer 2021 and phase one will accommodate around 4,000 full-time employees.

Peveril Securities’ MD, Ralph Jones, said: “For HMRC to choose Nottingham is hugely significant not just for the city, but for everyone who lives and works here.
“In addition to this, we also believe that such a significant investment in the city and provision of an ultra-modern state of the art office building that would be at home in any major city, will be a catalyst for the wider regeneration of the Southside area and will send a strong message to national & regional occupiers that Nottingham is open for business.”

Nick Sladen added: “Modern occupiers now require large floorplates to suit their working practices, as Nottingham’s Grade A office stock is limited and there are no buildings that offer large floorplates, HMRC considered a purpose-built solution in the city which is why Unity Square is perfectly placed.
“Prior to agreeing terms it is also important to note that Nottingham City Council has been working closely with all parties to enable this move and their support has been instrumental in demonstrating to HMRC that Unity Square is a deliverable scheme. The city needs to rejoice in HMRC’s decision to take Unity Square as its regional hub.”

The scheme will bring 62,022 sq m of Grade A office space to Unity Square, a 1.14 hectare site in Queensbridge Road.
The eagerly anticipated scheme will advance the £250 million Southern Gateway regeneration project. In three years’ time, the landscape around the train station will have a totally new look – with a business district surrounding the HMRC hub within an area of the city in need of redevelopment.
The planning application, encompasses two office buildings – ten storeys and 13 storeys high. The build will be in two phases with landscaping and an attractive urban space connecting Unity Square and the station, which will create a stunning entrance to this part of the city.
Peveril Securities and Sladen Estates purchased Unity Square in 2015 and demolished the derelict car park buildings last year.

Ralph Jones added: “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, HMRC will be at the heart of this regenerated area of the city, allowing them to take advantage of the multitude of local facilities and excellent transport links.”

“There will be significant job creation of construction personnel up to and during the build programme, and once complete local eateries and shops will benefit from the hundreds of people working there.

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.