Conygar, the firm behind the huge Island Quarter redevelopment in Nottingham, says it will has outlined the challenges it faces in bringing forward the scheme in its prelimary results for the year ended September 30.
Conygar was recently granted planning permission for the first phase of the 40-acre mixed-use scheme when it got the go-ahead for a 20,000 sq ft waterfront pavilion called Canal Turn featuring restaurants, events space and a rooftop terrace. The plans also feature provision for a bandstand and an area of new public realm
Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property.