A multi-million-pound project that is transforming a Nottingham gateway has taken another step forward after planning was submitted for additional residential accommodation.
Riverleen House in Electric Avenue, Nottingham is a former Experian office block. It has already secured planning approval for its conversion into 118 studios and apartments aimed at executives and professionals. Now, planning has been submitted by Nottingham developer ALB Group to convert the loft space into one and two-bedroom apartments.
Arran Bailey, managing director at ALB Group, said: “As Nottingham centric developers with national experience, creating quality accommodation in our hometown is very important to us, especially in locations where residential accommodation is much needed.
“Transforming Riverleen House from commercial space into quality residential apartments in a location that is perfect for professionals working at the University of Nottingham, Queen’s Medical Centre and Boots, will help fill the need for accessible homes in the city.”
If approved, work on the additional 42 apartments will begin six weeks after being given the go-ahead.
The £25m+ project is set to be finished at the end of the year with the first residents expected to move in by the end of 2026.
The reimagining of Riverleen House brings together the vision of ALB Group and the design expertise of Leonard Design Architects.
John Morgan, director at Leonard Design Architects, said: “It is so positive that ALB Group is investing more money into the city to deliver more much-needed homes for Nottingham while breathing new life into this area by adapting commercial space.
“Since the pandemic and with more people working from home or hybrid working, there has been less need for office space in city centres. The conversion of this commercial building will help deliver housing targets, maintain and improve a major gateway into Nottingham as well as ensuring disused space is reinvigorated and transformed into a desirable residential location.”
Riverleen House was constructed for Experian in 1997 and refurbished in 2015. ALB Group acquired the site for an undisclosed figure, but it was marketed at £7.5m with FHP Living.
