Land assembled for next phase of Castleward redevelopment
Published: 3 November 2023
Artists impression of properties on Canal Street.
Derby City Council has now transferred the final piece of land ready for work to start on phase 4 of the city centre Castleward development.
The former Derbyshire County Transport site was the last piece required to allow the next stage of works to begin, following the acquisition of the former Tarmac site and properties on Canal Street earlier this year.
The Council took possession of the site and has now passed it over to Compendium Living, who will be carrying out clearance works in the coming months. Construction on the new homes will begin in 2024, carried out by Compendium Living’s construction partner, Lovell Partnerships.
Derbyshire County Transport has relocated to the Merlin Park development off Osmaston Road, helping bring forward the regeneration of another former industrial site, and keep this important service based in the city.
Phase 4 was given the green light by planners in May 2023 and will provide 112 new homes in the city centre, 34 of which will be affordable homes. The properties will be a mix of two-, three-, and four-bedroom houses, and one- and two-bedroom apartments.
Castleward is one of the city’s largest regeneration projects, providing around 800 new homes in total, alongside green spaces, a new boulevard, and new commercial units.
Councillor Nadine Peatfield, Cabinet Member for Regeneration, Culture and Tourism said:
“Castleward is one of the city’s key regeneration projects as we look to bring people back to the city centre.
“I’m delighted that we’re now able to push forward with this next phase. Derby needs an attractive gateway from the train station, and these 112 new homes will contribute to that.
“Just recently we celebrated as the showhomes opened at phase three, and I look forward to seeing the next round of homes take shape over the coming years.”
Bruce Lister, Managing Director of Compendium Living, said:
“As we near completion of our current phase on Castleward, we’re really pleased to have secured the final piece of land that will form part of the next construction phase, Phase 4, which is due to start on site in Spring 2024.”