Work has started on a new business park on the site of Nottingham’s old Imperial Tobacco factory.
Henry Boot’s property development arm HBD has secured almost £54 million from Oxenwood Real Estate towards the 426,000 sq ft logistics development on the 28-acre site.
In all, seven speculative units ranging from 30,000 sq ft to 145,000 sq ft are being built, with potential to create up to 1,000 jobs. Work on what has been called 'Power Park' should be completed next year.
