Derby Embassy at Capacity

Over 120 delegates packed into today's Derby City Embassy at MIPIM to hear about the latest investment and development opportunities.

In his welcome at the event, Martin Rawson, Deputy Leader of Derby City Council and Cabinet Member for Regeneration highlighted the city’s flagship Heart of the City regeneration scheme, which features in the Midlands Engine Investment Portfolio launched yesterday in Cannes: “The £60 million Heart of the City project is a major investment and a game changer for Derby city centre. It is critical to the future success and economic regeneration of Derby and the catalyst for further investment in the retail, leisure and office sectors.”

Keynote speaker at the event Paul Harris, Director of Economic Development at Rolls-Royce plc reinforced the global company’s commitment to Derby with significant improvements being made to their civil aerospace and nuclear campuses in the city. Speaking about Derby’s position as a leading centre for advanced manufacturing innovation, he said “Having local supply chain partners is incredibly valuable for us and there are great opportunities to invest and locate in Derby.”

Derby City Council’s Head of Regeneration Projects, Catherine Williams, spoke further about the £1 billion of opportunities available in the Heart of the City regeneration plans which includes the new £32 million performance venue, refurbished and regenerated Grade II Listed Market Hall, new £10 million car park and enhanced public realm across the area on Osnabruck Square and the Market Place. This is in addition to the new Museum of Making at the Silk Mill, the world’s first factory and UNESCO World Heritage site, and the regeneration of Becketwell.

Plans to stimulate the city centre Grade-A office market were also showcased with Derby City Council’s plans for a new 31,000sq ft office scheme on Bold Lane.

The annual event is regularly referred to as the “best breakfast in Cannes” and while always popular, it received an unprecedented number of registrations this year. Managing Director of Marketing Derby, John Forkin commented: “MIPIM is important for cities like Derby to fly the flag on a global platform. In the past this has led to numerous enquiries and genuine investments.  2018 is no different and we have seen huge interest amongst the investor community in Derby’s offer.”

Derby's Embassy and activities at MIPIM are also supported by Smith Partnership, Knights 1759, Idom Merebrook, Innes England, East Midlands Airport, Godwin Development, Harworth Estates and the D2N2 Local Enterprise Partnership.