We have now set up a Flickr site to keep you up to date with all the progress in the Southside Business District. The site will feature all the latest images, artist impressions, events and links to other Flickr users images of the Southside area.
To see the images visit the Southside Flickr site here.
Enjoy!
Ikano moves 250 to Waterfront Plaza as Nottingham’s Southside gathers pace
THE new commercial quarter in Nottingham’s Southside is gathering momentum in the wake of another major deal bringing 250 staff into the area. Ikano, the retail credit business which was originally part of the Swedish home furnishings giant Ikea, is to move into the Waterside building in Station Street.
In the biggest office letting of the year so far, the firm will relocate from its existing premises in the city to take more than 17,000 sq ft ranged across two floors. It means there is now only one floor remaining in the building, which was built as part of McAleer and Rushe’s Waterfront Plaza development, which also includes apartments and the Jurys Inn hotel.
Ikano’s move is one of a series of major relocations to Southside, led by Nottingham City Council’s move into Loxley House and games developer Crytek’s move into Southreef. Ikano’s retail credit operation does work for Ikea, Harveys, Sleepmasters, Bensons, Habitat and New Look.
Stephen Burnside, managing director of Ikano UK, said: “This move positions us in a central area of Nottingham and provides us with a high quality working environment.” “We employ 250 people in Nottingham. These premises are near to key transport links and city centre amenities, which is ideal for our workforce. We are now working with the developer to fit out the space to our requirements and we’ll be creating a stimulating working environment which reflects our culture and our Swedish roots.”
Waterfront Plaza is a nine-storey building which offers 76,000 sq ft of space. It is already home to law firm Shoosmiths, investment management business Brewin Dolphin, Ultralase and East Midlands Trains. The latest deal was put together by Innes England’s Craig Straw, who acted on behalf of Ikano, and FHP’s John Proctor, who represented McAleer and Rushe. Straw said: “We worked with Ikano closely to review the opportunities available in Nottingham and Waterfront Plaza was the best strategic option. It positions the company well. “This transaction represents the largest letting of existing space in Nottingham so far this year, which is obviously fantastic news for the city’s economy and the Ikano name is sure to attract others to the area.”
FHP’s Proctor said the deal added to the sense of momentum around Southside as a commercial district. He said: “The Ikano letting follows fast on the heels of Crytek, one of the largest gaming companies in the world, who relocated their office headquarters to the Southside district of Nottingham. This letting adds gravity to the area, leaving us with a single floor available within the building.” Stephen Davey, at McAleer and Rushe, said: “Nottingham’s strength as a regional office centre attracted us to develop the Waterfront scheme in conjunction with the pre-let to Jurys Inn and we are thrilled to have such a high quality tenant line-up within the building.”
Source: This is Nottingham
This week has seen the launch of a new website for Bildurn’s Station Street scheme.
The website will keep you up to date on the progress of the 20,000 sq m office led mixed use scheme that links the Southside Business District with Nottingham City Centre.
Check it out at www.stationstreet.co.uk
We are excited to announce that Southside will be officially launched at Invest in Nottingham Day on 27th May 2010. The event will showcase the individual developments and the wider impact the new business district will have on Nottingham.
The launch will be one of the key events at the second Invest in Nottingham Day. The day is an opportunity to showcase what Nottingham has to offer not only a business location but also as a city for investment and development.
The event will take place at Loxley House, the new headquarters for Nottingham City Council, in the heart of the new business district.
Speakers include Roger Summerton – Chair of Nottingham Development Enterprise; Richard Mawdsley – Development Director, Peel Holdings and Steve Wood – Development Executive, Westfield amongst others.
Guests will be able to find out more about each of the schemes that make up Southside Business District, how The Hub will create a new transport interchange and how Westfield plan to redevelop Broadmarsh Shopping Centre on the edge of the business district.
To find out more on Invest in Nottingham Day and attend the event visit http://tiny.cc/tjsyy.
Nottingham city centre is gaining a new office tenant in the form of video game company Crytek as they seek to move to a new office studio courtesy of a company acquisition.
The move will come by the end of March, as the Crytek UK branch led by the head of studio Karl Hilton, will establish new desk space in the city after the take over of Free Radical Design.
Their new studios were formerly tenanted by Free Radical, the company who created the TimeSplitters series but went in to administration as a result of the recession. Crytek have purchased the design company as of February 2009 offering staff there a valuable lifeline.
Crytek is a German company specialising in video games owned by three Turkish brothers. Their headquarters are situated in Frankfurt, but they also have office studios in Budapest, Sofia, Kiev, South Korea and Nottingham.
The new office space is thought to be in the Southside business district which includes Wilson Bowden’s Sentinel (100,000 sq ft of space) and Peel Holding’s Unity Square (200,000 sq ft).
Further plans to transform the office space provision in Nottingham include a new 200,000 sq ft multi-use development on Station Street, 45,000 sq ft at Southreef Phase II and 55,000 sq ft on behalf of the Meadows Gateway development.
Sean Akins, Managing Director of Bildurn Properties Ltd, said of the commercial property in Nottingham’s Southside, “Southside isn’t your average development area, it’s actively unfolding and certainly not just another regeneration project. Major occupiers are already resident, including Nottingham City Council, Capital One, Crytek and Shoosmiths.”
From www.needofficespace.com
Last week saw the official launch of the Southside Business District launched at the leading property and development exhibition MIPIM in Cannes, France. The event hosted by Team Nottingham was a standing room only affair with presentations from Nottingham Regeneration Ltd, Nottingham City Council and Innes England.
The event highlighted the plans for the business district including the major office schemes, the redevelopment of the train station and also the wider impact of the business district on other developments planned in Nottingham.
Mich Stevenson, joint Deputy Chair of Nottingham Regeneration Ltd speaking at the event said “MIPIM is a shop window and we have real opportunities. The move of our city council to Loxley House has freed up strategic buildings across the city and we’ve already had good interest from people here regarding some of those. The move is also a sign of faith from the city in the development of Southside as the new business district; combined with the major investment in transport in the area it will be transformed.”
Team Nottingham at MIPIM
Peel Holdings Unity Square
Welcome to the Southside Business District blog, the place where you can keep up to date with all the developments in Nottingham’s emerging business district.
We aim to update you with all the news, events, launches, pictures, comments on the city’s emerging business district and look forward to your thoughts on how things are progressing.
We might even have a crane counter on here at some point!
