Wavensmere Homes has been selected to bring forward the Waterway House residential development site near Nottingham railway station.
The 0.24-hectare island site has been promoted through the planning process by Rainier Developments and Strategic Land with full consent granted by the city council last year.
The existing site comprises Waterway House – a 1970s two-storey office building – and cleared hardstanding areas, which were previously owned by Nottingham City Council. The site has lain largely vacant and unoccupied since 2021.
Wavensmere has appointed architects Corstorphine and Wright to work up new plans for a residential scheme with public consultation on the new design proposals expected to take place before the end of this year, prior to a planning application being submitted.
James Dickens, managing director of Wavensmere Homes, said: “Nottingham has been a key target for us for several years, but the site needed to be right. Our Nightingale Quarter development is moments away from Derby train station, while Canalside South is next to Wolverhampton transport interchange. Given its sustainable city centre location – by the train station and tram stops – we are very excited about the potential for the Waterway House site, which is a genuine gateway into Nottingham’s city core. It’s the opportunity we’ve been waiting for and we’re delighted to be selected by Rainier to take this site forward.”
Richard Mees, chief executive of Rainier Developments and Strategic Land, added: “Wavensmere’s reputation for delivering complex city centre regeneration schemes shone through when we were undergoing our developer selection process. The scale and setting of the Waterway House site has the potential to make a much needed contribution to Nottingham’s housing shortfall, while also transforming the street scene and driving investment into this quarter of the city centre.
“Attracting a Midlands-based housebuilder who has accrued such a stellar national reputation is good news for Nottingham’s residential market. We very much look forward to seeing Wavensmere’s plans evolve over the coming months.”


