The future of the redevelopment scheme has been confirmed in an official announcement

Hoardings bearing the Torsion Construction name stand at the former central police station and Guildhall complex in Nottingham’s city centre

A building firm involved in a significant Nottingham urban renewal scheme has entered administration and dismissed most of its workforce.

Torsion Construction Limited, which had recently commenced work on transforming Nottingham’s former central police station and Guildhall complex, had administrators appointed on July 29.

Joint administrators James Clark and Howard Smith from Interpath confirmed the Leeds-headquartered company had stopped operating and terminated the majority of its 115 employees.

Nevertheless, Torsion Construction’s parent company stated it anticipated no setback to the delayed scheme to repurpose the historic Shakespeare Street police headquarters into 246 student apartments and erect an 18-storey residential building containing 364 additional beds behind it.

A representative for Torsion Group commented that the Guildhall initiative in Nottingham was not anticipated to experience delays stemming from this procedure.

The group is coordinating with its financial backers to engage a replacement builder and maintain progress on the scheme.

The company, which remains operational, indicated it would share information regarding upcoming developments with the schemes.

Torsion Construction had served as the primary contractor at the Guildhall and police station location, though the sole remaining personnel are now assisting the joint administrators with the shutdown.

Mr Clark, a joint administrator and managing director at Interpath, noted that company directors had investigated possibilities for obtaining extra capital but were unable to identify a workable path.

Mr Clark stated that Torsion Construction encountered numerous severe difficulties that have impacted leadership across the entire industry.

Despite attempts to find a workable solution and shield clients from those pressures, the company’s finances were exhausted. Torsion Construction regrettably could not sustain operations and had no choice but to cease activities.

A dedicated team is offering relevant information and assistance to employees during the structured wind-down of operations.

The construction firm’s hoardings had only recently been installed at the vacant police station, which had been designated for redevelopment following its closure in 2016 though experienced postponements.

During 2023, proposals to demolish the bombproof police headquarters and central fire station were abandoned after the structure was unexpectedly awarded Grade II listed protection at the final moment.

The local authority, which previously held ownership of the site, contested the listing without success and schemes for the substantial urban plot were revised.

Towards the end of 2025, updated proposals to transform the interwar-period station into student accommodation and construct a new 18-storey tower adjacent to the protected building received approval.

A community-accessible food market has additionally been scheduled for the tower’s ground floor.

The local authority’s endorsement of the Guildhall student housing scheme is presently undergoing judicial examination.