Plans to regenerate Derby have taken a step forward with Derby City Council announcing a partnership made up of VINCI Developments UK and ION Developments as their preferred strategic development partner.
In early 2023, the Council announced its intention to work with an experienced development partner to create a cohesive masterplan for the regeneration of several important city centre locations. Following an expression of interest process and procurement exercise through the Pagabo Developer Led Framework, VINCI and ION have been invited to develop more detailed plans for the cultural heart of the city.
Over the coming months the partnership will work collaboratively with the Council, local businesses and community stakeholders to develop their vision and design for the regeneration of the city centre. Initial plans include a revitalised cultural quarter which will offer a range of leisure, commercial and community facilities, connected to a new business and residential district, incorporating the Bold Lane area and Northern Quarter.
Within the proposed plans is a new cultural, commercial, and creative public space, which will be located on the site of the former Assembly Rooms. The multi-functional building will have spaces for meeting, working, and creating above restaurant and commercial space, to enhance the
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