We've been shortlisted in a leading property award
In partnership with one of the UK’s top house builders we are finalists in a leading awards scheme.
Along with Keepmoat Homes we have been shortlisted in the Property Deal of the Year category in this year’s East Midlands Property Dinner organised by Insider Media.
The awards aim to recognise and champion the very best real estate, construction and design in the East Midlands.
The joint entry focussed on the sale of a site of 604 residential dwellings by Boots Properties Limited to Keepmoat Homes Limited and the simultaneous subsale of land for 319 homes to ourselves for construction by Keepmoat of affordable housing alongside homes for sale.
The transaction comprises a significant part of the 286 acre Nottingham Enterprise Zone and Walgreen Boots Alliance campus, which formed part of the health and pharmacy chains operational headquarters where it developed and manufactured ibuprofen painkillers during the 1960s.
The large scale regeneration project will see Keepmoat deliver more than 600 high quality, multi tenure new homes over a period of six years, with construction due to complete in 2029.
The winners will be unveiled at a ceremony on Thursday 5 September at the East Midlands Conference Centre, one of the Midlands prime conference venues in Nottingham.
Kate Ellison, our Director of Land, Partnerships and Business Development said: “To be shortlisted at this year’s awards is extremely well deserved for those teams who have worked on this project. Due to the insolvency of the previous developer, the transaction had to be completed from a standing start in a little over five weeks and required a herculean collaborative effort from all parties involved. With challenging planning, environmental and legal issues to overcome, the transaction was only possible as a result of the passion and drive of the highly skilled and dedicated teams within each of the parties involved to make the scheme a reality. We are really excited to see the scheme delivered and provide much needed affordable homes. It makes all the hard work worthwhile. We wish all those involved – and everyone at the awards – the very best of luck!”
The deal is a true Nottingham born success story, linking a historical industrial site from Nottingham’s largest employer with the local offices of one of the country’s most successful housebuilders. The legal teams were exclusively drawn from Nottingham based law firms, Geldards LLP, acting for Boots; Freeths LLP, acting for Keepmoat and Browne Jacobson LLP, acting for us. Boots were represented by well known Nottingham agent Tim Garratt from Black Star Advisory.
Boots has occupied the site for almost 100 years and the development supports its’ desire for a positive legacy for the former industrial site, and Keepmoat and our ongoing commitments to sustainability with high quality, energy efficient homes that have innovative solar electricity tech panels and air source heat pumps installed with a further aspiration for a number of homes to benefit from ‘zero bills.’
Gabor Taller, Partner at Browne Jacobson said: “Having supported Platform’s growth and ambitious development plans for the last 16 years, we are proud to have worked on this landmark deal for them and for the wider community. Like Platform, Browne Jacobson is on a mission to drive positive change and is committed to helping to tackle society’s biggest challenges in a meaningful way, so it is genuinely rewarding to be involved in this strategically important social value led project. This place making development will deliver sustainable, quality, affordable homes with a unique design to serve the community of the future and leave a suitable legacy for the site’s historical importance.”
Philippa Stewart, Sales Director at Keepmoat, East Midlands said: “We are delighted to be shortlisted for this award with Platform Housing Group. This is a landmark development on a very special site that will bring much needed, high quality new homes and significant investment to the city. For this flagship site alone, we are investing £102 million into creating a fantastic community and we’re proud to stand alongside our partners at Platform Housing Group today to create a wonderful community. We’re committed to delivering new homes for the people of Nottingham and the surrounding area.”
James Hart, Partner, Housebuilding and Strategic Land at Freeths LLP said: “It has been a privilege to work with the Keepmoat team on this historic acquisition which has been a collaborative effort throughout. The deal really demonstrates our capabilities within the housebuilding sector, the breath of our national practice and the capacity we have within the team to get complex deals done quickly. We look forward to working with Keepmoat and their partners on the progression of the site.”
Photo caption : Platform Housing Group and Keepmoat Homes have been shortlisted in a prestigious award scheme