Previously known as Southreef, the development will provide 237 residential apartments as well as office, restaurant, leisure and retail facilities. It is already structural complete and partly occupied, but stalled in 2008 during the recession and property market downturn.
It is now under new ownership, with a new name, Nottingham One. Willmott Dixon has been awarded £5m contract to complete it by December 2013.
In collaboration with consultant Arup, Willmott Dixon will complete 42 apartments, along with façade and internal works to a further 34 apartments, plus new office space.
Nottingham City Council deputy leader Graham Chapman said: “It is really positive news that the scheme is progressing after so many months of stagnation and that a final completion date has now been given.”
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