Developer looks to Government funding to fast-forward Island Quarter site

Conygar, the developer behind The Island Quarter in Nottingham, has launched a grant funding campaign which it says will help fast forward the site’s redevelopment.

Conygar has asked the local business community and organisations to gain support for its Homes England Infrastructure Grand Funding Application for the 36-acre site.

The firm says the grant funding will enable it to accelerate its building activity on the site, which is set to provide more than £200m of investment into Nottingham annually, more than 4,500 jobs during the build as well as permanent jobs, 900 new homes and a hotel with 223-bedrooms and suites, operated by IHG.

Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property.

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