Work gets underway on phase one of £200m Becketwell scheme

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Construction work is underway on phase one of the £200m Becketwell regeneration scheme in Derby.

Councillor Chris Poulter, leader of Derby City Council, joined developers St James Securities, representatives from main contractors GMI Construction, funders Grainger plc and other key stakeholders at a ground-breaking ceremony to mark the start of piling works on the site of the former Debenhams store on Victoria Street.

Phase one of the scheme includes 259 one and two-bedroom Build to Rent (BTR) apartments, which will be forward funded, acquired and operated by Grainger plc, the UK’s largest listed provider of private rental homes.

The centrepiece of the development will be a new public square on the site of the former Central United Reformed Church, which will also be delivered as part of the first phase.

Demolition of the former Debenhams store and Central United Reformed Church and properties on Victoria Street was completed in May 2021. Detailed planning permission for phase one was granted in January 2021 and demolition work started in March 2021. Work on phase one of the site is set for completion by early 2023.

Work is already underway to bring forward a phase two of the scheme, which will feature a

 link source - East Midlands Business Link - Property

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