Lace Market Properties Litmus development in Huntingdon Street, which will eventually become Nottinghams largest privately-funded apartment complex, has already sold more than two-thirds of the 296 apartments available in the 13-storey building, despite the fact that construction of the land mark building has not even started yet. The development will also feature car parking, a gymnasium, swimming pool, sauna and steam rooms.
A number of apartment schemes in the city have been built in recent years due to high demand from investors, many of whom have been buying large numbers of apartments off plan for a discount and selling on at significant profits on completion.
"This level of investment shows confidence from all over the world in not only Lace Market Properties, but in Litmus as a first class scheme, the huge regeneration project it is part of Nottingham as a city," said Mark Elliott, managing director of Lace Market Properties.