Derby’s £1 Billion of Projects at MIPIM 2017

At this year’s MIPIM, Marketing Derby will be presenting £1 billion worth of projects from across Derby and Derbyshire. These includes sites with a mixture of commercial and residential uses.

Derby’s delegation, with representatives from the private and public sectors, will promote a range of regeneration and development sites, at the annual global property exhibition.  

John Forkin, Managing Director of Marketing Derby, said: “Although we have seen £3 billion recently invested in the city, there are still plenty of opportunities, small, medium and large, for the right investors.

“Together these add up to almost a further £1 billion, in different schemes and sectors. Our pitch will be based on the confidence of existing investment successes.”

Derby’s projects include:

The Heart of the City

This 3-acre site is owned by Derby City Council, and its development will include an iconic venue, remodelled Victoria Market Hall and significant investment to transform the Market Place.

This £165 million scheme will provide high-quality opportunities for retail and leisure uses, as well a new performance venue capable of drawing audiences from across the UK.

The scheme provides an outstanding opportunity to provide high visibility regeneration for Derby city centre and is backed by support from public funding partners.

Infinity Park Derby

This 100-acre technology and commercial park is adjacent to Rolls-Royce’s civil aerospace global HQ.

The site has Enterprise Zone status, offering a range of benefits to businesses looking to locate here, including enhanced capital allowances and business rates relief.

Development opportunities range from 5,000 sq ft – 1,000,000 sq ft for advanced manufacturing, hi-tech and logistics businesses.

At the heart of the park is the state-of-the-art iHub, a facility designed for transport engineering supply chain businesses.

University of Derby Science Park

Located at the heart of Infinity Park Derby, the University of Derby Science Park provides an environment for businesses to connect with each other and with Universities in the delivery of a pipeline of initiatives that turn world class science into new technologies, materials, products and processes.

Located adjacent to the world headquarters of Rolls-Royce Civil Aerospace and within 15 minutes of OEM’s such as Toyota, Bombardier and JCB, the University of Derby Science Park is an environment that embodies the spirit of innovation through collaboration, delivering increased efficiency, profitability and new business opportunities, underpinned by an industrial digital ecosystem that sits at the heart of a centre of excellence for advanced transport manufacturing.

Nightingale Quarter

Nightingale Quarter Estates submitted an outline planning application in January for redevelopment of the 18-acre site of the former Derbyshire Royal Infirmary.  

The proposal is for a new residential neighbourhood of up to 500 homes (apartments and family housing) on the edge of Derby City Centre, close to the Station.  

The Masterplan shows a development which will retain one of the distinctive ‘Pepper pot towers’ on London Road, which will be re-used as a community asset and landmark, and will anchor a network of new public spaces. Small scale commercial uses will complement the housing mix, whilst a 1.5-acre linear park will be a main feature of the site.

Tudor Cross

Adjacent to the M1 Motorway and Markham Vale Business Park, the Tudor Cross site located in North Derbyshire will unlock 28-hectares of commercial land alongside 25-hectares of residential use.

The site was home to Coalite Chemicals from 1937 to 2004, when operations closed.  A £21.8m remediation and redevelopment programme to create commercial business development plots has been agreed. The remediation has commenced with sites being available from 2018.

Tudor Cross will deliver development plots of up to 94,695m2 of floorspace suitable for high quality business investment.

Chesterfield Waterside

One of the 50 largest regeneration schemes in the UK. The site will become a mixed-use urban village in Chesterfield.

Chesterfield Waterside is a £340 million 16-hectare regeneration scheme on the edge of Chesterfield town centre. The scheme includes a new canal basin, 30,000 sqm of business space, around 1,200 new homes, shops, bars, cafés and a hotel.