The Audley Centre is situated at the heart of Derby at St Peter’s Cross, where St Peter’s Street and East Street meet. Built in the 1960’s, it replaced the Midland Drapery with a smaller shopping precinct.
The Audley Centre was bought in 2015 by London-based Steamrock Capital, who were introduced to Bondholder Derby City Council by Marketing Derby. Following extensive consultation and research, plans were submitted in 2016 to add an additional 2 storeys to the building, converting upper floors into 46 apartments above the existing retail units, with the whole building receiving a complete refurbishment.
This week, following support from Marketing Derby and the Derby City Council regeneration team, the exciting plans have been approved.
John Forkin, Managing Director of Marketing Derby, said, "This is excellent news for St Peter’s Quarter. These plans bring back the massing and scale that should exist on such a prominent corner and did so when it was Midlands Drapery, whilst new apartments will help introduce much needed vibrancy to the area."