A developer has announced its intention to create a 620-bed block of student flats in Derby Road - but mystery surrounds the exact location of the development.
Student accommodation group Unite has announced it has exchange contracts to acquire the development which will cost an estimated £48 million.
The plans are subject to planning consent and the location has not been revealed due to a confidentiality agreement.
However, it has been confirmed the block would be built on a car showroom near The University of Nottingham. Nearby Jaguar is due to vacate its showroom in November and move to a new site in Enterprise Way.
Nick Hayes, Unite group property director, said: "This latest acquisition reflects our strategy of aligning our business with mid and high tariff universities in cities where there is strong demand for affordable, high-quality student accommodation."
The new development, if given the go-ahead, would be ready for the 2022/23 academic year and would form part of Unite's target of maintaining developments of 2,000 beds a year.
Plans for more accommodation comes as work continues across the city on a range of student developments. This includes a 353-bed development in Talbot Street, the skeleton of which is now taking shape.
To receive one WhatsApp message a day with the main headlines, as well as breaking news alerts, text NEWS to 07790 586202.
Then add the number to your phone contacts book as 'Nottingham Post'. Your phone number won't be shared with other members of the group.
