Latest News | 30 April 2025
Innovate puts spotlight on city centre’s ‘game-changing’ schemes






In the latest edition of Marketing Derby’s Innovate Magazine we take a fresh look at all the key developments that are helping transform Derby city centre.
The feature provides a useful reminder of just how much investment is being ploughed into these schemes.
And it also hammers home the point that many of these developments are not just CGI pipe dreams invented in some architects’ office – they are actually happening!
Among the extensive list of developments is Derby Market Hall, a beautiful Victorian building that is set to relaunch later this month following a £35 million transformation.

The new-look building will feature a curated mix of traditional and themed stalls, including quality fresh produce and craft items made on site, alongside a food court, bars and entertainment space.
A building that is causing much excitement in Derby is Vaillant Live, the city’s brand-new 3,500-capacity performance arena.
The £45.8 million venue marks the second phase of the overall £230 million regeneration of Becketwell – the first phase of which comprised 259 build-to-rent apartments and a new public square.
Innovate looks ahead to the opening of the University of Derby’s £70 million Cavendish Building, which will be home to the Derby Business School.

Due to open later this year, the building, in Agard Street, will ultimately become home to 6,000 students.
Meanwhile, the city’s residential revolution shows no sign of slowing, with Wavensmere Homes currently onsite at Friar Gate Goods Yard, delivering a £75 million transformation of this long-neglected key site.
The restored site will feature 276 new homes, as well as flexible offices, health and fitness space and a restaurant/café.
Elsewhere, Wavensmere has almost completed work on its £175 million Nightingale Quarter scheme, which will deliver a total of 925 new homes – and it is moving ahead with a £30 million scheme in Full Street, which will deliver 195 apartments.
The regeneration of Castleward, spearheaded by Compendium Living, is also delivering hundreds of new homes.
The £100 million place-making project is into its fourth phase, with design work underway for phase five.
Innovate also puts the spotlight on plans to breathe new life into the Guildhall Theatre – and plans for Rail Campus Derby, a hub for the UK’s rail industry and supply chain, which would see business co-locating alongside the new headquarters for Great British Railways.

Last but not least, Innovate takes a deep dive into Derbion’s £4 million Eastern Gateway development.
Due to complete this summer, it will provide a new, vibrant welcome to the millions of passengers at Derby bus station.

It will be a prelude to much bigger ideas Derbion has for the city, which includes hundreds of homes and commercial uses, alongside new green spaces.
Ken Ford, director of Derbion owners Wilmslow, told Innovate: “Cities are places where you live, work and play and too few people have previously been able to do that in Derby.
“As retail consolidates, we’d like the opportunity to take these sites, which we own, and repurpose them to bring more people into the city centre.”
To read the feature in full visit https://heyzine.com/flip-book/4f1b03a082.html#page/14.