Retail and leisure destination Derbion has secured planning consent for 1,152 new homes in Derby city centre.
The plans will see the former Eagle Market building replaced by 674 homes and Bradshaw Way Retail Park replaced by 478 homes, including a new landmark 14-floor residential building.
The two sites have been identified by Derby City Council as key areas for change outlined in its Vision for Derby (2022).
Beth McDonald, managing director at Derbion, said: “The Derbion masterplan offers a once-in-a-generation opportunity to contribute to the revitalisation of Derby’s historic city centre, so we are delighted to have secured approval. It is important to Derbion that we work closely with key local stakeholders such as Derby City Council to create a vibrant city centre and we have been so pleased with the progress so far. However, the Derbion masterplan will supercharge these efforts acting as a catalyst for further growth and development in and around the city centre, providing long-term economic opportunities for Derby.
“Alongside supporting Derby’s housing needs, the plans will also support our retail, F&B, and leisure operators as we expect to see further investment by existing occupiers and increased interest by new brands eager to capitalise on the city centre’s growing residential population. We look forward to updating you further on the progress of the Derbion masterplan as we continue our journey of becoming the leading mixed-use destination in the East Midlands.”
Nadine Peatfield, leader of Derby City Council and cabinet member for city centre, regeneration, strategy and policy, added: “The green light for Derbion’s masterplan marks a major step forward in our shared vision to transform Derby into a vibrant and welcoming place to live. By creating a substantial number of high quality new homes, this project will play a vital role in supporting us to achieve our housing strategy while breathing new life into the Eagle Quarter.
“This is a very exciting time for our city centre, with Derbion’s masterplan complementing other major transformations such as the redevelopments of the Becketwell area and Market Place. By working closely with partners like Derbion, we are ensuring Derby remains a premier destination to live, work, and visit for generations to come.”
