Summary:
- Wavensmere Homes and Redford Developments secured approval for Waterway House, a 300-studio co-living scheme near Nottingham railway station, designed by Corstorphine & Wright and operated by VervLife, marking Nottingham’s first purpose-built co-living development.
- The five-storey building will offer self-contained studios with en-suite bathrooms and kitchenettes, alongside extensive communal amenities including a gym, padel court, co-working spaces, and social areas, targeting working professionals outside the property market.
- Approval followed a planning committee debate on unclear Section 106 contributions, with final sign-off delegated to Nottingham City Council’s planning director after consultation, reflecting ongoing negotiation over developer obligations amid economic challenges affecting scheme viability.
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