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Conygar Investment Company PLC

Conygar appoints Sir Robert McAlpine as the main contractor of the Island Quarter

Conygar Investment Company PLC has announced the appointment of building and civil engineering company Sir Robert McAlpine as the main contractor to kickstart the £650 million redevelopment of The Island Quarter.

Sir Robert McAlpine will be delivering phase 1A of The Island Quarter scheme. Known as Canal Turn, the £9 million first phase will include a three-storey 2,000 sqm pavilion on the waterfront featuring two restaurants, around 500 sqm of events space with panoramic views and a large rooftop terrace.

Phase 1A, which was submitted for planning on 24 July, is expected to receive full approval from Nottingham City Council in October – followed by an immediate start on site. Phase 1A will be completed by November 2021.

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

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.