MIPIM DAY TWO – DERBY CONFIRMS PROGRESSIVE ONWARD INVESTMENT STRATEGY

Investment News

Derby and the Derby City Council put on a highly polished presentation to more than 100 potential Investors and professionals at MIPIM, the annual European Property Conference.

Confirming the progress and achievements of the past 12 months and their intentions for the forthcoming year they showcased the completion of their £24 million Council House redevelopment and the £30 million Velodrome and entertainment venue nearing completion on Pride Park.

Over the next 12 months there is ongoing emphasis on encouraging regeneration in Central Derby and initiatives being launched to encourage residential development of both new build and a desire to bring upper floors over retail units into use.

It was also confirmed that Contractors are on site undertaking initial enabling works to enable the new access road linking the A50 at Chellaston with the Rolls Royce campus which will open up Infinity Park, a 90 plus acre Business / Employment Park with an emphasis on the advanced engineering sectors.

This is exciting and progressive news which dovetails with our own experiences where we are seeing increased demand from many sectors including a noticeable increase in demand from the leisure sector with major names now looking to gain representation. Derby is definitely a City on the move and we can see a successful year ahead.