Elevate Property Group has appointed Nottinghamshire contractors nmcn plc to build Phase 1 of Trent Bridge Quays.
Work will start in July on the construction of 95 townhouses and apartments on the banks of the River Trent on Elevate’s first project in the East Midlands in a £30 million plus joint venture with Investin plc.
Phase 1 of Trent Bridge Quays consists of a range of three storey townhouses, all with terraces either to the front or rear, and apartments in large blocks flanking the River Trent and Meadow Lane.
There will also be commercial opportunities with 5690 sq ft on Meadow Lane and 2949 sq ft right next to Tinkers Lock on the canal.
Phase 2 on the adjoining Milk and More yard, which Elevate acquired in late 2017, will provide a further 60 homes, subject to planning permission.
Steve Dodd, Managing Director of Elevate Property Group, said: “Trent Bridge Quays will continue Elevate’s commitment to delivering affordable luxury and we are pleased to be working with nmcn.
“Trent Bridge Quays will kick start the western end of the waterside regeneration and provide some of the best new homes available in Nottingham in the coming 18 months.”
Nick Banks, operations director of nmcn, said: “Trent Bridge Quays and the nearby Milk and More site will bring much needed quality housing to Nottingham, and their proximity to West Bridgford and Trent Bridge, and easy access to the city centre, provides a very compelling offer.
“Trent Bridge Quays will be one of the best located developments in the area, and we are delighted to have been selected by Elevate Property Group to work with their project management team at BACE Construction Consultants in delivering this project.”
Elevate property group have appointed FHP living as sole agents to sell the properties through their Waterside Living department.
Steve Parker, director of FHP Living, said: “We are delighted to have been appointed as sole agents and continue our relationship with Elevate Property Group and Investin plc. They will produce high end properties in this highly sought after riverside location, with prices that will appeal to a wide market demographic.”