Construction on the site of the old Imperial Tobacco factory has started after a £50m deal was secured with a property developer and real estate firm. It will soon be home to high quality industrial and logistics space and is expected to be completed by 2023.
Imperial Tobacco began operating on the site in the early 1970s but after moving to Europe in 2016, the 'Horizon' factory was began to be demolished in 2019. At peak operation the factory employed more than 7,000 people and produced billions of cigarettes every year.
The building itself won the Financial Times award for industrial architecture in 1973, having been much brighter and organised than the typical industrial factories of the period. Eventually the site, off Clifton Boulevard in the west of Nottingham, was sold to Henry Boot Developments (HBD) in 2017 and following the close of a £53.8m forward funding deal between HBD and Oxenwood Real Estate work to transform it has commenced.
