Having identified an opportunity to further fuel the Derby city living boom, Godwin Developments have just struck a deal, brokered by BB&J Commercial, on land at Phoenix Street, Derby, with Phoenix Properties.
Godwin, who have lots of experience in city living across the Midlands, have huge ambitions for this site, which has been left undeveloped for many years. Godwin plan to create a residential-led tower development.
It is hoped the scheme will be a real coup for Derby as the building can set a benchmark for tall buildings in the area. Initial sketch drawings show an iconic, landmark scheme that is sure to be popular with investors and occupiers who are hungry for new apartments as demonstrated by other, recent sell out schemes.
Godwin Developments are showing a real commitment to investing in Derby, with a deal for land on Agard St in the University Quarter having been completed earlier this month.
Stephen Pratt, Godwin Developments, commented “ We see Derby as a great opportunity for city living and now have two live deals with more in the pipeline. We are keen to create some quality apartments for the city and satisfy the demand of the many young professionals who work here.
"We have been working hard as a team to put the right sites together and we are looking forwards to working with Marketing Derby and the City Council to achieve two quality developments. We have similar schemes on across the Midlands and this site adds to our growing portfolio."
Mark Richardson of BB&J Commercial said “It is refreshing to see a quality developer take hold of key regeneration sites with ambitious plans that the city deserves. As a city we missed the apartment boom last time around and as a result there is a real underlying demand for quality city living.
"I feel Godwin Developments are the right developer with the expertise and clout to deliver this exciting scheme which will firmly put Derby City on the residential map with this stunning new development.”