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Nottingham Post
Nottingham Post
National
Joseph Locker

Broad Marsh site upkeep to cost council almost £1m for one year

Nottingham City Council will have spent almost £1m maintaining and managing the Broad Marsh site over the space of a year come March.

The former Broadmarsh Centre was handed back to the council upon intu's collapse into administration in 2020, leaving the authority with £18m losses as well as future management and maintenance fees.

While one half of the former shopping centre is being demolished, the council's failed bid to the Government's Levelling-Up Fund left it without the necessary cash to continue work on the side nearest to Middle Hill.

This area must be kept in a safe condition, by law, meaning the council (as the landowner) must fork out to do this.

Documents have revealed the cost of this upkeep.

They state: "To grant retrospective approval for the expenditure of required management costs, including essential repairs and maintenance, to hold the Broad Marsh site in a safe and statutory compliant manner.

"The majority of these costs will be delivered by internal council resources."

The total cost to manage the site and keep it in a safe state is £930,600, which covers the period from April 2021 until March 31, 2022.

Just recently a new vision, brought to life by urban designer Thomas Heatherwick, was unveiled for the first time.

It is hoped a portion of the old shopping centre will be utilised, while a new area called 'Lister Square' will be built and surrounded by 750 new homes.

An undisclosed figure under £150,000 will also be used to extend a contract to RL Management Ltd to continue to support the Greater Broad Marsh programme "with specialist dedicated programme manager support."

The council says: "Broad Marsh is a critical and complex development and additional support is required to ensure that the council is able to optimise the full potential of the re-development for the city and effectively manage the associated risks."

This is is "essential to maintain pace and progress", the council adds.

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