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Top story
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Modus submits 350,000 sq ft Lindongate plans
Modus, the Manchester-based developer, has submitted a planning application its Lindongate scheme in Lincoln. Lindongate will be a retail-led mixed use regeneration scheme that will provide over 350,000 sq ft of new retail accommodation, including a department store, new restaurants, 180 apartments and a potential hotel, together with a new passenger transport interchange. Director James Ridings said: Having worked hard with the public and the stakeholders of the City Centre Master Plan over the last two years, we are delighted to be submitting a planning application for this exciting scheme. This puts the scheme on target for completion in late 2011/early 2012, and will significantly improve retailing within Lincoln as well as building on its great success as a leisure destination.
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Blueprint secures Barclays backing
Barclays Midlands Property Finance Team has provided £14.5m of debt finance to Blueprint, a joint venture between regional development agency Emda, English Partnerships and Morleys Igloo Regeneration Fund and the company behind the award-winning Nottingham Science Park . Nick Ebbs, chief executive of Blueprint, said: I am delighted with the innovative financing package arranged by Barclays. Blueprint is now ideally placed to deliver on its ambitious and exciting plans for development projects in the coming years. 
TT races to £10m electronics deal
TT Electronics, a world leader in sensor and electronic component technology, has bought Lutterworth-based Semelab for £10m. Semelab designs and produces specialised radio frequency and power semiconductors, optoelectronic components and power microcircuits and modules, mainly for the UK and European markets. Midlands law firm Browne Jacobson did the legals for TT Electronics.
Smith Cooper makes Birmingham acquisition
Smith Cooper, the Derby-based accountancy and business advisory, has acquired Andersons KBS, one of Birminghams most long-established accountancy practices. Smith Cooper has already made a number of appointments to the new office at director level: John Laycock has been recruited as business development director; Sarah Bourke in corporate recovery and insolvency; and Ryan Wilkinson in corporate finance. Already well known in the Birmingham business community, Laycock will be working with Mike Green and Ralph Rowledge to expand the practice in the area. Simon Gwinnutt, head of the firms corporate recovery and insolvency division, will also be involved at partner level in developing the Birmingham office with John Southwell.
Burton solicitors join forces
One of Burtons longest-established firms of solicitors, Drewry and Newbold, has agreed to join forces with another Burton firm, Smith Partnership. Contracts have been exchanged and the deal is due to be completed on 1 October 2008. The move follows Smiths merger last year with another Burton firm Goodger Auden.
Property firms build bridges
Property development company Goldman Hunter Properties, based in Nottingham, has merged with local building contractor Arnold Building Contractors to handle its residential extensions projects. The manager of Arnold Building Contractors, Wayne Moores, has now become a director of Goldman Hunter Properties.
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Top Position for Nottingham
European search engine optimisation (SEO) agency Top Position has announced that it will open its first UK office for five years in Nottinghamshire next month. The new space will house the firms burgeoning SEO department and act as the headquarters for client development, staff training and sales within the organic search sector. Nottingham is an ideal location for our new office, given its fantastic position in the heart of the Midlands. With a handful of top-notch universities nearby and a history for product innovation, the city is a busy hub of international commerce. As the home of world-famous brands like Boots and Raleigh as well as boasting a thriving technology core and strong communication tradition, Nottingham is the perfect fit for Top Position, said Rebecca Appleton, operations director.
Flint Bishop picks Armadillo
East Midlands law firm Flint Bishop has appointed Armadillo to create and manage a public relations campaign in support of its Nottingham, Derby and Ashbourne offices. Carl Weston, head of marketing at Flint Bishop, said: We have challenging growth targets, particularly in the current market, and so making a big impact with our communication programme is crucial. We picked Armadillo as a partner for achieving this because of their understanding of both the legal sector and the East Midlands market as well as their innovative approach to story development."
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"No catch" at Willow Drive, says Heb
Heb has been instructed to sell 1 Willow Drive, Sherwood Park at Junction 27 of the M1 in conjunction with Cushman and Wakefields Birmingham office, for just £93 per sq ft, some £80 per sq ft lower than its normal market price. Robert Maxey of Nottingham-based Heb said: The recent vacation of Innovate meant that our clients have instructed us to secure disposal at the very earliest possible opportunity. With this in mind we are instructed to offer the property at a quoting price of £1.6 m. Our initial advice was that the property should be marketed at £2.75 m. Since marketing began the most common reaction we have received is either is there a catch?, or oh dear have things really got that bad? The answer is no to both. The grade A office building extends to a total of 17,222 sq ft, with 62 car parking spaces, and is known locally as the former headquarters of Innovate Logistics, which was recently acquired by the Eddie Stobart Group.
CMPG score with ChELSI
Nottinghams CPMG Architects has won the commission to develop a £3m refurbishment at the University of Sheffield to create a new home for ChELSI, which pioneers research links between chemical engineering and life sciences. The proposals are to convert a largely disused series of multi-storey combustion laboratories in the existing Chemical and Process Engineering Department. New intermediate floors are to be inserted, overlooking multi-height atrium spaces. The building will be submitted for planning approval in November 2008, aiming for completion in February 2010.
LSH win Castle Park letting
Lambert Smith Hampton (LSH) has won the contract to let industrial space at Castle Park on Queens Drive in Nottingham. Workman & Partners has overseen a refurbishment programme of the partly occupied industrial estate and landlord CBRE Investors has appointed LSH to seek occupiers for the remaining 40,000 sq ft of vacant warehouse space. Castle Park contains 13 industrial units with warehouse space and trade potential. The site is already home to Sliderobes, Rexell Sonett and Euro Car Parts.
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Wasley promoted to director
Ernst & Young has boosted the strength of its Nottingham office with the promotion of Steven Wasley, an international tax specialist, to director. Wasley forms part of the Nottingham office leadership team, which is led by senior partner Gordon Newlands, and will be responsible for driving the growth of the firms tax practice.
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