Bondholder Derby City Council has unveiled plans for taking the next step in creating a new Music and Performance Venue to replace the Assembly Rooms. This will bring significant benefits to the local economy and represents a substantial step forward for the City Centre Masterplan.
The new venue will act as an anchor for the city's emerging Cultural Quarter, with a programme of events to attract an estimated audience of 322,000 people annually, and support 395 full time jobs and generate an estimated £9.6m in benefits to the local economy.
Martin Rawson, Deputy Leader of Derby City Council, said: “I see the new Music and Performance Venue as being the anchor for a cultural hub which includes places such as the Guildhall Theatre, Quad, Déda, the Silk Milk and the Derby Museums.
“At its centre, the Market Place would convert into a vibrant day- and night-time hub of leisure activities while public realm work would link this area to a renovated Market Hall and to the Derby Museums and the Silk Mill.
“Single-handedly, this is a game changer. It is the catalyst to further investment and critical to the future success of Derby as a place to live and work.”
The venue will have the capability to host music concerts, sports events, comedy, theatrical performances, conferences and exhibitions and be available for use by both amateur and professional groups.