City builds momentum

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Bondholder Derby City Council reiterated its ambition to move the city forward by giving further details on a number of key schemes.

Audiences at the Marketing Derby Embassy and Midlands UK Pavilion spotlight on Derby heard how Derby is shaping its future as a hi-tech city and cementing its position as the UK Capital for Innovation, as the City Council takes a proactive approach to stimulating markets across the city.

Cllr. Matthew Holmes, Deputy Leader of Derby City Council talked about the city’s approach to catalysing growth at Infinity Park Derby with recent investments by the City Council of £19.3m, including a high-quality technology space which aerospace company and Bondholder Pattonair is poised to lease, as its global HQ, upon completion.

This comes in addition to the Nuclear Advanced Manufacturing Research Centre’s expansion into Derby which has been launched recently at its current home in the iHub, part of the City Council’s highly successful Connect scheme of managed workspaces.  The NAMRC is part of the UK’s High-Value Manufacturing Catapult aimed at bridging the gap between academia and industry with a focus of the Derby centre being controls instrumentation especially in nuclear applications.

Catherine Williams, Head of Regeneration and Major Projects for Derby City Council gave delegates an update on City Centre Masterplan schemes including progress with the proposed sale of the Debenhams building to St James’ Securities, the vision for the wider Becket Well area, new office and leisure investments as well as the renovation work on the Market Hall.

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Catherine said: “We have reports going to the cabinet this evening which will extend the exclusivity period with St James’ Securities and we look forward to the imminent submission of planning permission for the site.

“Derby City Council has also forward funded 30,000 sq ft office scheme on Cathedral Green with an end-user identified.”