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Nottingham waterside building to be converted into build-to-rent

Nottingham’s Grade II listed former British Waterways warehouse is being transformed into a build-to-rent residential scheme.

The £13 million project is being developed in partnership with The Canal River Trust, H2Ourban and bloc, with funding from Lloyds Banking Group’s Citra Living.

It will provide 95 residential units including 12 studios, 42 one-bedroom apartments and 41 two-bedroom flats

Located in the Canal Conservation Area, the six-storey former warehouse dates back to 1919 and was originally built to help move goods along the Nottingham and Beeston Canal.

Tom French, associate director at Rund, said: “This redevelopment project draws on our specialism in managing build-to-rent projects through to successful completion, while also benefitting from our expertise in dealing with sensitive Listed building conversions, safeguarding heritage for future generations.

“Once completed, the scheme will breathe new life into a historic building in a prime waterside location, making it an exceptional place to live.”

Completion is due in March 2025.