Investment News | 15 February 2023

City centre masterplan submitted

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Plans to transform a large part of the city centre to create hundreds of new homes and commercial space have been lodged with Derby City Council.

Towards the end of last year, Derbion revealed ambitious proposals to regenerate two sites – the Eagle Quarter, made up of the current Eagle Market and Derby Theatre – and Bradshaw Way Retail Park.

As well as new homes, the plans also include shops, offices and public space.
Now, two separate applications, seeking outline permission for both schemes, have been submitted to the city council.

The Eagle Quarter site is primarily occupied by the Eagle Market, Derby Theatre and The Castle and Falcon pub.

Under the proposals, these would be demolished, or partly demolished, to make way for 875 homes and around 25,000 sq ft of commercial space.

Phase one of the Eagle Quarter development forms part of the Eastern Gateway scheme, planning for which was lodged with the city council last year.

The Eastern Gateway aims to improve public access to the city centre from Derby bus station, build a new entrance to Derbion on East Street, add additional shops and leisure outlets and create a new public boulevard.

The application for the Bradshaw Way Retail Park site features up to 420 homes, about 50,000 sq ft of office space and 5,100 sq ft of commercial space.

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