Conygar makes planning submission for Nottingham development

Conygar announced the submission of detailed planning for the first major phase of its mixed-use scheme in the centre of Nottingham on Monday.

The AIM-traded firm said the application included a 223-bed hotel providing both long and short stay accommodation.

It also consisted of more than 240 build-to-rent apartments, as well as co-working space and a food and beverage area.

That would be located adjacent to the pavilion, which gained consent in autumn 2020.

“We are delighted to be able to submit our application for this exciting next phase of the Island Quarter,” said chief executive officer Robert Ware in his short statement.

At 0834 GMT, shares in the Conygar Investment Company were up 1.67% at 106.25p.