Latest News | 12 October 2022
Castleward development set to move to fourth phase
Derby City Council is set to acquire more land for the next phase of the £100 million Castleward regeneration scheme.
A compulsory purchase order is already in place to acquire land and, subject to cabinet approval, the city council will begin to issue General Vesting Declarations to remaining properties that need to be acquired.
It is working in partnership with Homes England, and Compendium Living to create Castleward Urban Village, with the aim of delivering more residential space and driving an increase in city living.
The fourth phase will see the creation of 112 homes, including 34 affordable homes.
Councillor Steve Hassall, the city council’s cabinet member for regeneration, decarbonisation, strategic planning and transport, said: “It is always exciting to see a project continue to develop as Castleward is doing.
“We’ve already created an attractive gateway to the city, with new homes and commercial space. This fourth phase will only build on the success we’ve seen in the first three phases, as we look to encourage more people to come and call the city centre their home.”
Castleward is one of the city’s largest housing projects, and in total will provide around 800 new homes.
The project, which sits between Derbion shopping centre and Derby Midland Station, will see 15 to 20 years of redevelopment, also providing green space and 35,000 sq ft of commercial retail space.
The first three phases of the scheme have already proven successful, with more people living in the new urban residential area in the city centre.
These phases also saw the construction of the new Castleward Spencer Academy, which has added vital school capacity to the area.
In terms of the fourth phase, the city council is already working with occupiers affected by the CPO to ensure the right outcome is achieved in each case.
One planned relocation site is the former Rolls-Royce Light Alloy Foundry, in Osmaston Road, with Tarmac and Derbyshire County Transport scheduled to relocate there by summer 2023.
