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Over 500 New Nottingham Jobs On The Horizon

15 Aug 2018

Over 500 New Nottingham Jobs On The Horizon

Henry Boot Developments has put in a planning application to redevelop the 48 acre Imperial Tobacco site, a move which the construction firm says could create more than 500 new jobs in Nottingham.

The plans include over 4,600 square metres of redevelopment for industrial units and other businesses which could create hundreds of jobs for Nottingham if the council grants permission.

After buying the Imperial Tobacco site in 2017, Henry Boot now plans to spend over £60 million on the redevelopment project which is to be named the New Horizon.

Henry Boot Developments’ regional manager, Justin Sheldon, said: “On completion, our investment in the site will exceed £60 million, with the potential to create more than 500 new jobs. I cannot think of a better located site, capable of providing this volume and scale of development so readily accessible to the motorway, ring road, city centre and labour force.”

“The package of works to the distribution unit is shortly to be completed, which will allow our attention to turn to the remainder of the site. We have already undertaken some selective demolition of the Horizon building, and the remainder will be completed throughout the late summer and autumn period.”

“We have an exciting opportunity to regenerate the site following its closure in 2016, and we certainly hope to see new buildings on the site by autumn next year,” added Mr Sheldon.

Along with Knight Frank, commercial property and investment management firm JLL is one of the joint agents on the development. The company’s director, James Keeton, said: “The scheme is located on one of the region’s best connected sites, benefitting from both excellent links to the M1and its proximity to Nottingham City Centre.

“The site will be very well received by the market and we expect to attract regional and national occupiers on a build-to-suit basis,” added Mr Keeton.

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