City Resi Deal Sealed

A specialist East Midlands developer has exchanged contracts with Bondholder Derby City Council for the purchase of Middleton House for its new flagship residential development.

Adam Cavell, director of City and Country Property Management says that the Grade II listed building “is to be partnered with a modern, luxurious interior design” with as minimal disruption to the structure as possible. The design and development will be subject to planning permission which they are hoping to achieve within 12 months.

Martin Rawson, Deputy Leader of Derby City Council, said:  “I am
delighted to say that we've reached an agreement with City and Country Property Management. This developer has a strong reputation and commitment to sensitive redevelopment of these Grade II listed buildings and the proposed development will further increase city centre living capacity.” 

Adam added: “We are very excited as a company to have acquired Middleton House from Derby City Council. This site represents our first development in Derby, which we see as our flagship for further and continuous redevelopment and investment within Derby City
centre.

"We see Derby as a rapidly developing city with potential to rival the larger cities within the East Midlands. Middleton House is located in a highly attractive area on St Mary’s Gate within the Cathedral Quarter. As a company, we have historically specialised in the redevelopment of listed buildings and take pride in restoring dilapidated buildings to their former glory. We see Middleton House as such a building and are looking forward to starting restoration works."

 

 

 

UK's Largest Cycle Hire Unveiled

The UK's largest electric cycle hire scheme has been unveiled at Bondholder the University of Derby, by fellow Bondholder Derby City Council.

The scheme was unveiled by the Mayor of Derby, Councillor John Whitby at the University’s Kedleston Road Campus as part of its Welcome Fortnight event for students.

Hourbike, the largest bike hire operator in the UK outside of London, has been procured by Derby City Council to run the scheme in Derby.  The operator is working in partnership with Social Bicycle, who will produce the 200 electric bikes to be installed at 30 locations. 

The Derby Bike Hire Scheme will be the largest electric bike scheme in the UK, and follows on from a feasibility study completed by JMP Consultants in 2016, commissioned by Derby City Council, into the viability and deliverability of a point-to-point cycle hire scheme.

From Spring next year, hubs will be installed at key destinations across the city, including the city centre, train station, high employment areas and University buildings, including halls of residence. More information on the sites will be made available before the main launch in 2018.

Developed by Derby City Council in partnership with the University of Derby, the scheme is being funded by a capital grant from the D2N2 Local Enterprise Partnership (LEP) with match funding from the University.

Mayor of Derby, Councillor John Whitby, said: “Cycle hire schemes bring many benefits to a city, and can serve a variety of markets including residents, students, workers and visitors.  It provides a viable transport alternative that will not only help to mitigate the impacts of poor air quality and growing levels of congestion in these areas, but also improve people’s health and fitness levels.”

Professor Kathryn Mitchell, Vice-Chancellor of the University, added: “The Derby Bike Hire Scheme is fantastic news for the city and the University. It was so exciting to see what the bikes will look like, and to see our students give them a try.

“I’m really proud that we are able to offer this opportunity to our 13,000 students in the city. The new scheme will encourage students and staff to swap the car and take a bike, which will lead to money savings, health and wellbeing benefits and improved air quality in the city.”

Outstanding Results for Derby Grammar

Bondholder Derby Grammar School is celebrating as its GCSE results mean the School is second in the East Midlands for boys independent schools according to the ISC League Table 2017, with 72% of passes at A*, A or 7+, and two pupils achieving straight A* and 9 grades.

35% of A Level passes are at A* or A grade. Philip Holloway achieved 4 A* passes and is now off to Cambridge to read Natural Sciences and Physics.

Acting Head, Lesley Reynolds, commented: “we are absolutely delighted with what our pupils have achieved this year. They have ably demonstrated their ability across all of their subjects. Pupils and staff have worked hard together, and that hard work is evidenced by a set of outstanding results.

"We are looking forward to a busy and successful 2017-18 academic year. We have already welcomed Kim Barnett to officially open our new dedicated sports facility, Rykneld Sports Centre; and our new website has launched which captures what we do at Derby Grammar School and showcases our pupils’ achievements and successes.”

Nationals Line up for Tetron

Bondholder PMW Property has been granted permission to build 10 commercial units on Tetron Point business park, in Swadlincote, which could create hundreds of jobs when complete. The developer has also said it has struck a deal with two major national companies.

South Derbyshire District Council has approved the plans, which includes  4,500 square metre building, which includes 10 units ranging in size from 374 square metres to 520 square metres.

Mike Wrigley, Founder of PMW Property, said: "We have already completed pre-development deals with two major national companies who are looking for long-term commitments in Swadlincote. There has been a great deal of interest in the remaining eight units.

"South Derbyshire is a location where we have been keen to acquire sites for a long time. We are very much looking forward to working in the area.

"This will be an important development for the economic growth of Swadlincote, complementing the existing businesses in the area. We have gone out to tender for the construction phase and, subject to conditions, we expect work to begin on site in October of this year."

Tackling Modern Slavery

On the 16th October, Bondholder Derby City Council and the University of Derby, in conjunction with the Lord Bishop of Derby, will be hosting an awareness raising session on modern slavery. 

Titled 'Tackling Modern Slavery: Compliance in the Construction and Property Sector Conference’, the session will include bespoke training about modern slavery particular to the property and construction sectors. 

The event will also feature a seminar led by Associate Professor Dave Walsh, of the University of Derby, and the Derby & Derbyshire Modern Slavery Partnership, with real case studies – delegates are invited to bring their own queries for advice from the Derby & Derbyshire Modern Slavery Partnership.

To register your interest for this free event please email chaplain@bishopofderby.org

Bondholder's £150k Project

Bondholder ThreeHundredandSixtyDegrees has completed a £150,000 refurbishment programme at one the Midlands’ leading research facilities.

 The fit-out specialists carried out a six week refurbishment programme on Midlands On View in Sutton Coldfield. 

The project included creating new office space to enable staff to relocate from nearby premises into the facility in Midland Drive.  It also focused on refitting and updating the viewing studios complete with two-way mirrors so that clients can watch the in-depth one to one interviews and focus group market research taking place.

Midlands On View owner Jack Adkins explained: “The refurbishment project has been a significant investment for the company – not least that we were not able to operate as a research facility during the work due to the confidentiality and noise issues.

“The design and operational teams at ThreeHundredandSityDegrees did a fantastic job and we are delighted with the results which were completed on time and within budget."

Helen England is Business Development Manager at ThreeHundredandSixtyDegrees which works across the UK on a wide range of corporate fit-out programmes.

She said:  “This project is the perfect example of how innovative design, translated into high quality fit out can breathe new life into a work space and support clients with their business growth ambitions.

“We are extremely proud of the work that our team here and local suppliers have achieved and are confident that this design and fit-out will stand the test of time and serve Midlands On View for many, many years to come.”

 

 

New Appointment at BB&J

Commercial property agent Chris Keogh has joined Bondholder BB&J Commercial and will play an important role in the company’s plans to further expand its geographical reach.

Chris will focus on expanding the agency side of the business including sales, lettings, acquisitions and disposals and will lead on the company’s growing client portfolio in the north and south of the county and further afield across the East Midlands.

Chris said: “I was keen to join BB&J who are a growing, forward-thinking and proactive company who put their clients first and have a superb reputation in the commercial property sector both locally and regionally.

“The company is the perfect fit for my knowledge and expertise and I look forward to working with the team to further grow the business.”

Partner Mark Richardson added: “Chris’ appointment further strengthens our agency operations at a crucial time in the local and regional commercial property market.

“Having become well established in the city, we are looking to further expand our geographical reach and Chris’ knowledge and experience will be invaluable in achieving this goal."

Burnthebook Secures International Contract

Bondholder Burnthebook has been appointed to handle another major project for an international organisation that focuses on climate change in the Arctic region.

The award-winning agency has already worked on several projects with the Arctic Monitoring and Assessment Programme (AMAP) which is a working group of the Arctic Council.

The agency has most recently designed and published a series of important scientific research reports for AMAP – which is based in Oslo, Norway and coordinates work to monitor and assess pollution levels and the effect of climate change in the Arctic region.

It has now been appointed to create a new interactive website for the organisation which has two key aspects.

The first is a publicly accessible website that is also targeted at educationalists, policy makers and indigenous groups, amongst others, to highlight the high quality reports and related communication products that are available regarding climate and pollution issues in the Arctic. 

The second area is to provide a secure collaborative website application for the AMAP working groups to communicate and share files in relation to projects such as global threats from contaminants and climate change.

Based on the organisation's goals and objectives, the design, development and application will focus on UI/UX (User Interface / User Experience) and ensuring that the website is responsive and accessible on multiple devices, and upholds the high quality content produced by AMAP.

A spokesperson from AMAP said: “AMAP has come to regard Burnthebook as a reliable and professional partner supporting both its web-based and printed publication work. The team at Burnthebook are highly professional and competent and always flexible when it comes to working to very tight deadlines and with multiple editors in often far-flung locations.”

Jackie Clarke, director at Burnthebook, said: “We are delighted to add this new contract with AMAP to our growing portfolio of international clients.

"Having successfully completed the publishing work which is a niche and specialist aspect of our service offering, we have worked closely with the AMAP team to fully explore how the website can enhance their working procedures - combining business-focused solutions with creativity and high-end technology.

"This includes improving communications between professionals based in the different member countries and ensuring the information they produce is easily accessible to a global audience."

Bondholders Collaborate on Museum of Making

Bondholder GCA Consulting will provide structural engineering services to fellow Bondholder Derby Silk Mill Museum for its £16.4m Museum of Making programme.

The new Museum will celebrate Derby's heritage as a city of makers through its internationally, regionally and locally significant collections. It will also provide opportunities for local people to gain new skills and experiences and will aim to raise aspirations of future generations of innovators and makers.

GCA are committed to a highly collaborative approach under the innovate IPI Alliance Contract that promises significant savings on costs across the lifecycle of the project.

GCA will be using an innovative approach to design combining VR technology, parametric geometry and the site’s existing workshop to produce a unique building structure reflecting the ethos of the Museum of Making.

James Thomson, Managing Director,  said: “This is a truly innovative project, and GCA are delighted to join an exceptional team. We look forward to delivering this key project for Derby’s cultural sector.”

Expansion for Tidyco

Bondholder Tidyco has launched a new reactive mobile pneumatic cylinder repair/replace service as part of the group’s ongoing plans for expansion.

The latest development within the organisation’s service portfolio is now available throughout the East Midlands region, competently supported by a dedicated fleet of mobile engineers. 

Tidyco has implemented a bespoke remote workforce monitoring application so as to allocate call-out requests to the engineer within closest proximity. Of equal importance is the unique asset management technology, allowing for ease of visibility and re-order simplification via a Cyber Essentials certified secure cloud based platform.

The mobile solution will dramatically reduce client downtime whilst increasing productivity.

Barry Aldridge, MCIM and head of marketing for Tidyco, said: “I live in the heart of the National Forest which, as well as being extremely picturesque is also nestled deep within quarrying territory. As part of my daily commute, I continuously pass fleets of heavy vehicles; all transporting aggregate to various locations within the region. Of course, such trucks utilise pneumatic cylinders in accordance with Government fuelled legislation so as to deposit loads in a safely controlled manner. But; what happens if a pneumatic system fails, thus endangering health & safety obligations? How does the site manager reduce downtime? How does the Board lessen the risk of a dramatic loss in productivity? How long will it take to re-initiate pneumatic function? How can Tidyco as an ethical organisation ease these worrying concerns?

"It was a relatively simple idea to duplicate the existing Tidyco mobile hydraulic hose service and apply the business model within the realm of pneumatics. Strategically, a pre-existing mobile workforce is already well established with an impressive raft of engineering experience.

"Whilst my concept was focused very much on a localised niche industry, imperative to consider is that the reactive mobile service is applicable to any organisation within the East Midlands at risk of pneumatic failure.”

New Starter for Mazars

Ed Hamblin joins Bondholder Mazars as Senior Administrator, as the company expands its Restructuring Services team.

In his new role, Ed he will bring strong advisory and technical experience across a broad range of sectors. He joins a national team of over 100 reorganisation and recovery professionals dedicated to helping businesses in difficulty. 

East Midlands Managing Partner, Alistair Wesson, said: "Ed is joining the Mazars team in Nottingham as a Senior Administrator within Restructuring Services and there is a strong possibility that he will progress to a more senior level in the future.

"Ed’s background in dealing with significant and sizeable insolvency procedures will improve the experience and offering to both current and future Mazars clients."

Ed said: "Mazars is a forward-thinking firm with a strong culture and values that will benefit me in the long term. In particular, Mazars in the East Midlands has grown significantly in the last four years and that is something that I look forward to being a part of.

“I am also looking forward to working with Restructuring Services Senior Manager Paul Maloney and the rest of the Restructuring Services team and using my experience gained over the last eight years to add to the already excellent Restructuring Services offering by Mazars both nationally and particularly in the East Midlands."

Significant Step Forward for Masterplan

Derby's City Centre Masterplan has taken a major step forward as two developments have been given the green light. 

Both Bondholder Prosperity Capital Partner's £23m student block, and 500-home Nightingale Quarter by Nightingale Quarter Estates have been approved by Bondholder Derby City Council. 

Prosperity's 319-bed student complex will be situated next to fellow Bondholder Derby College's Joseph Wright site, at the junction of Cathedral Road, Willow Row and Walker Lane.

The complex will include a nine-storey block and an eight-storey block.

After his scheme gained approval, Gavin Barry, Chief Executive of Prosperity Capital Partners, said: "It's great news. I'm pleased with the result but not surprised because it's a great scheme. We're looking forward to getting started."

Councillors also approved The Nightingale Quarter.

The development will encompass 500 homes, restaurants, retail, office space, as well as a public park. 

Martin Rawson, Deputy Leader of Derby City Council, said: "I welcome news that both Prosperity Capital Partner's 319-bed student complex, and the 500 home Nightingale Quarter development, have been given the green light.

"Both developments represent a significant step forward in the delivery of the City Centre Masterplan, and will have a positive impact on the city. "

Chamber Celebrates Derbyshire Businesses

The Derbyshire Business Awards 2017, hosted by Bondholder East Midlands Chamber, took place last week at fellow Bondholder Derbyshire County Cricket Club's 3aaa County Ground, and a number of Bondholders walked away with top accolades. 

The awards recognise businesses across Derbyshire which have pioneered new concepts and innovation, excelled in commercial enterprise or distinguished themselves with their attitude to workforce development.

Bondholder winners include Purpose Media, Talk Staff Group, Hodgkinson Builders, Derby Museums Trust, Frame Fast UK and Chevin Fleet Solutions

Marketing company Purpose Media scooped the Marketing Campaign of the Year award. 

Matt Wheatcroft, Managing Director of Purpose Media, said: “This award win is really special to us. We’ve won several awards over the years in recognition of our business performance, but to get another award which recognises our strengths in marketing – after being named as the Derby Telegraph’s Creative Business of the Year, in June – is fantastic."

New Bondholder Talk Staff Group was awarded Commitment to People Development award. 

David Orange, Sales and Marketing Director at Talk Staff Group, said: “We are delighted to win this award, not only recognising our success but having worked with our teams on their own individual success too. This is an opportunity for them to celebrate with us.”

Zachary Beer from Bondholder Hodgkinson Builders was awarded Apprentice of the Year. 

Derby Museum Trust's Director of Resources, Mohammed Suleman walked away with the Entrepreneur of the Year award. 

Mohammed said: “It’s an absolute honour to have even been shortlisted. There were some great entrepreneurs in the draw and to win it was not only a shock but also absolutely overwhelming.

Even though my name is on the trophy, this award is for everyone involved with Derby Museums. It’s for all of us, because without them it would not be possible for me to win this. I want to thank the judges and the Chamber for providing me with such an amazing opportunity.”

Manufacturer of the Year was awarded to Bondholder Frame Fast UK.

Bondholder Chevin Fleet Solutions was awarded two accolades at the ceremony. Not only did the firm win the Excellence in International Trade award, but they also walked away with the Business of the Year award. 

Ashley Sowerby, Managing Director of Chevin Fleet Solutions, said: "I was delighted to receive this award on behalf of the whole team at Chevin. We were honoured to have been chosen, bearing in mind the quality of the businesses represented at the awards.

"I would like to thank all of the those who have supported the journey so far, in particular my wife Tracey who has been at my side since we set out 27 years ago."

Bondholders Lead 10k

Entries for the Central Health 10K, organised by Bondholder Sporting Futures, opened last month, and the charity have seen record number of places snapped up within the first few weeks.

Among the first to sign up for the 10K, which will take place next year on 15th April, were two teams from Bondholder Toyota Motor Manufacturing UK. Last year’s Toyota teams ‘Always Better Runners’ and ‘The Runner in Front is from Toyota’ both fared well, recording impressive times to take the third spot overall, but are back to improve their overall standing whilst defending their bondholder crown.

Toyota and Sporting Futures also work together on the Toyota Road to Success project, designed to help 16-25 year olds who aren’t in employment, education or training to improve their skills for the workplace. This project has also been nominated for a national award recently, at the Children and Young People Now Awards, so the partnership continues to strengthen.

Race organiser Emma Pilgrim said, “It’s great to get entries open again for next year’s race, our biggest fundraiser for the charity. Toyota always turn out in force and it was no surprise they were our first business teams to take on the challenge – we’re hoping to see a third team from them too this year!”

Hazel Clint, Senior Manager at Toyota said, “I love taking part in the Derby 10k, it’s the one race I do each year and I’ll most definitely be part of the Toyota team again this year. The atmosphere is fantastic and the crowd keep you going, especially heading back to Pride Park at the end. We can’t wait for 15h April!” 

If your business has what it takes to compete for the Bondholder crown, sign up today to support a local charity! Teams can have between 4-10 members, with the top 4 times combining to give the team total. All entries are available online: www.sporting-futures.org.uk/register

QUAD's BlockBustler

Bondholder QUAD has announced its new project 'BlockBustler' - a partnership with Bustler Market. 

BlockBustler will involve immersive film screenings at Bustler Market at Bondholder Derby’s Riverlights. Guests will be encouraged to attend in costume, with live entertainment, street food, bars and a few other surprises.

The first event, taking place on October 31st, will be Derby’s first Day of the Dead-themed party. Based on the Mexican “Dia de los Muertos” festival, the chosen film will be From Dusk til Dawn, a cult B-movie, starring George Clooney, Harvey Keitel, Quentin Tarantino and Salma Hayek. 

Adam Marsh, QUAD Cinema programmer, said, “It’s a great opportunity to be working with the Bustler Market on this event. The film From Dusk ‘Til Dawn is Robert Rodriguez and Quentin Tarantino’s genre mashup about two criminal brothers on the run after a bank heist gone wrong, starring George Clooney, Harvey Keitel, Juliette Lewis and Salma Hayek.“ 
 
Stuart Costen, Bustler Market, said, “We are really excited to launch BlockBustler with QUAD, Derby’s independent Cinema and Gallery. We think that Day of the Dead, at Halloween, is a great opportunity for people in Derby to do something a little different, get dressed up and have some fun. We look forward to this being the first in a series of events throughout the year.” 

Adam Marsh, QUAD Cinema programmer, said, “It’s a great opportunity to be working with the Bustler Market on this event. The film From Dusk ‘Til Dawn is Robert Rodriguez and Quentin Tarantino’s genre mashup about two criminal brothers on the run after a bank heist gone wrong, starring George Clooney, Harvey Keitel, Juliette Lewis and Salma Hayek.“ 

Stuart Costen, Bustler Market, said, “We are really excited to launch BlockBustler with QUAD, Derby’s independent Cinema and Gallery. We think that Day of the Dead, at Halloween, is a great opportunity for people in Derby to do something a little different, get dressed up and have some fun. We look forward to this being the first in a series of events throughout the year.” 

Tickets cost £20, are available from http://www.derbyquad.co.uk/film/dia-de-los-muertos--18-.aspx and include a free drink on arrival. The event is for over 18's only. Fancy dress is strongly encouraged. 

Oliver's Shortlisted for National Award

Bondholder Oliver's has been shortlisted for the prestigious national Café Design of the Year award. 

The awards are run by The Café Life and celebrate the best aspects of café culture in the UK each year. Oliver’s is one of just five cafes across the UK in the design award category.

This category looks to encourage good design practices in the sector and this particular award recognises those people responsible for developing new concepts in the high street. Oliver’s was originally included by the judges in a wider shortlist and they then visited Derby to mystery-shop and see the design of Oliver’s, whilst experiencing the food, ambience and customer experience on offer.

The judges look for design which is innovative, but commercially viable – a design which provides an attractive and comfortable experience for all customers.

Lisa Bridge, Owner of Oliver's, said: “I always had a vision of using natural materials, warm colours and soft, comfortable furnishings to make Oliver’s as welcoming as possible. Each item of furniture and all of the fixtures and fittings were selected with the customer experience in mind. I’m thrilled that the judges feel that this works well.”

The awards take place in London on 21st September at The Grange City Hotel in London.

Gethin Evans of the Café Life Awards said: “It’s fantastic to be able to acknowledge Oliver’s and how their brand of coffee shop is changing the café landscape. Oliver’s is a cafe that soothes the soul, whether that be sipping a coffee and watching the world go by or tucking into something from the mouthwatering menu.

"Oliver’s is pioneering the fusion between coffee shop and restaurant - promoting a welcoming place that serves delicious coffees alongside a tasty menu. The judges loved the ambience, encouraging customers to stay. Cafe culture in the UK is one of the fastest growing lifestyle choices and Oliver’s is a cafe that delivers, offering a space where customers can enjoy spending time in a modern but cosy environment.”

Frogspark's Rapid Growth

Bondholder Frogspark is continuing its rapid growth by hiring six new full-time members of staff. Amongst the new hires are two digital marketing executives, and three new web developers.

Martyn Locker joins the team as the new front-end web developer, after exiting his freelance career to put his knowledge into a more sustainable environment.

Frogspark has also expanded its capabilities by adding digital marketing services to its offer. This side of the business has quickly picked up interest from clients and rapidly matched the successes of Frogspark's web design services.

Rob Twells, Managing Director of Frogspark, has expressed his determination to “continue at the current rate of growth” over the coming years.

Derby Enters top 5% of Global Universities

Bondholder the University of Derby has been ranked in the top 1,000 universities in the world by Times Higher Education (THE). It is the first time Derby has been listed in the prestigious global rankings.

The World University Rankings 2018 are THE’s biggest international league table to date. The top 1,000 represents no more than five per cent of the 20,000 higher education institutions globally.

To calculate the rankings, judges look at 13 calibrated performance indicators to judge research-intensive universities on teaching, research, knowledge transfer and international outlook. Research is measured by volume, income and reputation.

Professor Kathryn Mitchell, Vice-Chancellor of the University, said: “Following on from the University’s recent success of achieving Gold in the Teaching Excellence Framework (TEF), it is outstanding news to hear we have been placed in the top 1,000 universities in the world for the first time.

“We pride ourselves on being a Gold-standard institution and we have built a strong reputation in terms of our teaching quality and graduate employability. This ranking signifies the growing impact of our research and the successes we have achieved this year have been driven by our highly strategic approach to enhance all of our student’s experiences both nationally and globally.”

University to Help SureScreen Grow

Bondholder SureScreen Scientifics has been awarded £68,430 from fellow Bondholder the University of Derby Invest to Grow fund to develop a new bespoke DNA research facility which has created eight jobs.

The independent family-run business based in Morley had been working on a new area of DNA research focused on environmental and ecological screening when it recognised the potential market opportunities and approached the Invest to Grow fund to contribute to the expansion of the business.

One of these research projects had developed the ability to identify the presence of protected species, such as the Great Crested Newt, by carrying out a DNA analysis in an area before a building project commences.

Traditionally, when plans are created for building sites, traps would be set to test whether there are any protected species present in that area. SureScreen has found a way to do this by carrying out a DNA analysis of a water sample which is more accurate, ecologically friendly and cost effective.

The funding has enabled the company to increase its capacity for this type of work by renovating a building next to its existing DNA research facility and installing a new laboratory so that it is fit for purpose.

The new facility has created more business opportunities and lead to the recruitment of eight new staff. Two PhD students from the University of Derby have also joined the team for added resource.

David Campbell, Surescreen's Business Manager, said: “Invest to Grow has provided a great opportunity to access investment capital, which has propelled us forward in a way we would not have been able to do organically.

“We are working with a lot of companies that we did not work with previously. The project has enabled us to diversify our offer. This led to a significant increase in both our sales and profitability over the first year, with both increasing by double-figure percentages.

“We would be keen to consider employing graduates and post-graduates from the University of Derby moving forward.”

Mark Wheddon, Head of Strategic Programmes at the University said: “We were delighted to support SureScreen Scientifics with the construction of their new laboratory, which has been a real success story and accelerated the growth of the company. Along with Invest to Grow funding support the company has also accessed other offers and expertise from the University of Derby, which we look forward to continuing in the future.”

BID Launch Business Plan

Bondholder Derby Cathedral Quarter Business Improvement District (BID) has unveiled its plans to build on the award-winning momentum achieved over the past ten years and face the numerous challenges ahead for the next five years.

Representatives from a wide range of businesses gathered at Bondholder Derby Museum and Art Gallery for the official launch of the BID business plan 2018 – 2023.

Levy paying businesses will soon have the opportunity to vote for the proposals with ballot papers issued on October 4.  Voting closes on November 2 with the decision announced the following day. Subject to a successful vote, the new BID will start on 1st March 2018.

In order for the proposals set out in this Business Plan to go ahead, a simple majority of those who vote must register a ‘YES’ vote whilst those in favour also have to represent more than 50% of the combined ‘rateable values’ of those who vote. If these two criteria are met, the Business Plan is activated and all businesses in the area will be required to pay the levy.

The BID budget for the five year programme will be £1.5 million – made up of the levy payments and supplemented by voluntary, private and public sector contributions.

This will fund projects planned under the new BID vision - to continue to support and enable all businesses to benefit from the Cathedral Quarter as a place which is attractive and vibrant with a sense of community.

Three key objectives have been developed following feedback from businesses. These are: 

1. The Cathedral Quarter Experience

To continue to develop the great Cathedral Quarter lifestyle experience for visitors and people working in the area to enjoy.

2. Cathedral Quarter Businesses

To continue to build the local, regional and national reputation of the Cathedral Quarter as a great place for the evening and night time economy, retail, hair and beauty, leisure and culture and professional services.

3. Business Growth and Investment in the Cathedral Quarter

To continue to encourage growth, development and investment of businesses which complement and build on the strengths of the Cathedral Quarter.

Martin Langsdale, chair of the Cathedral Quarter, said: “It has taken ten years of hard work by everyone in the Cathedral Quarter to create a successful brand and to ensure the successful delivery of a business-led programme of activity.

“By working together, we have addressed the challenges faced by businesses head on and turned around the fortunes of this area.

“Through it all the Cathedral Quarter has developed into a quality lifestyle destination – outperforming regional and national trends and culminating in the BID’s success in being named both ATCM National BID of the Year and best city location in the Great British High Street Awards in 2016.

“If we didn’t have a BID a huge amount of activity that businesses really value will simply stop and we will lose the collective voice that needs to be heard moving forward.

“We therefore need to vote Yes for the BID programme to continue for 2018 to 2023 so that we can build on the momentum that we have gained already, capitalise on the opportunities available to us and meet the challenges that we still face.

“This business plan is the opportunity to take the Cathedral Quarter and individual businesses to another level and to create a destination which others aspire to be part of.”