As 2018 draws to a close, it is worth reflecting on some of the successes for the city of Derby.
The year opened with work getting underway on the multi-million pound conversion of Derby Silk Mill, the world’s first factory and birthplace of the Industrial Revolution and UNESCO World Heritage Site, into a state-of-the-art Museum of Making, which is due to open in 2020.
Friar Gate Goods Yard, a major regeneration site in the city centre owned by CWC, also received a welcome boost with confirmation that Derby Cathedral School had chosen the site for a new secondary school.
February saw the welcome news that Derby City Council was pushing ahead with plans for 35,000 sq ft of speculative office space in the city centre, an announcement which was very well-received by a sell-out audience of international property investors and developers at the Derby Embassy at MIPIM. It was also revealed that St James’ Securities had been selected as the preferred bidder for the former Debenhams store, a scheme which would kickstart regeneration of the wider Becketwell area.
The return from MIPIM saw significant developments for city living in Derby, as a 105-unit BTR development received planning approval, whilst Godwin Developments unveiled plans for a 200-unit BTR scheme in the North Riverside area. Meanwhile, Infinity Park Enterprise Zone announced its newest occupier would be the University of Sheffield’s Advanced Manufacturing Research Centre which would establish a 50,000 sq ft base there.
A busy summer for Derby saw the handover of Agard Court by developer Jensco to the University of Derby, providing them with 244 purpose-built student flats. Work had also started on Prosperity Capital’s 320-bed Cathedral View, with a completion date due in 2019, and on King’s Crescent, a luxury Georgian-style crescent of c.40 apartments, with another 180 apartments submitted for planning in the Castleward area.
In the autumn, the University of Derby made a major announcement by unveiling plans for a conference centre, student village and new Business School. This accompanied the completion of a £200m upgrade of Derby Rail station and the submission of 800 new homes for planning at the Nightingale Quarter by BJD Investors and Developers. There was also plans for an urban village opposite Intu Derby whilst Kier Property Group and Next revealed plans for a 25,000 sq ft store at Kingsway, demonstrating confidence in Derby at a difficult time for the retail sector.
Follow Marketing Derby in 2019 to track the progress of these latest schemes and find out about other developments in the city’s pipeline.