London-based construction company Henry Boot’s development arm has submitted plans to redevelop the former Imperial Tobacco site in Nottingham with new industrial buildings.

The firm plans to invest 60 million pounds ($76 million) to develop around 500,000 square feet of industrial building and warehousing.

Completed works include new car parking, along with heating plant and utilities to separate it from the Horizon manufacturing building, which will be demolished to make way for the new scheme.

The new development, named New Horizon will stretch over the southern half of the site, covering 28 acres and providing up to 500,000 square feet of new industrial buildings for a variety of uses.