Citra Living appointed Rund to undertake Technical Due Diligence, followed by being the Project Monitor, where we will see the project through to completion.
Project Background

Developer H2Ourban and real estate provider bloc, in partnership with The Canal River Trust, have started work to transform this Grade II listed former British Waterways warehouse in Nottingham into a new Build to Rent scheme.

Funded by Citra Living, part of Lloyds Banking Group, the development site is located on the canal side area at Castle Wharf, in the Canal Conservation Area. The six-storey former warehouse dates to 1919 and was originally built to help move goods along the Nottingham and Beeston Canal.

The building will be converted to comprise 95 Build to Rent units in a mix of 12 studios, 42 one-bedroom and 41 two-bedroom apartments, including a rooftop extension housing eight apartments. Ground floor amenity space for residents will also be included

The Solution

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. 

Designed by Franklin Ellis Architects, the new Build to Rent scheme is being constructed by Jessops Construction Limited, and completion is due in March 2025.

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