Compendium Living has signed a deal worth £100m with Derby City Council, signalling the start of a major transformation of the Castleward area of the city.
The project will provide a new and vibrant link between Derby Midland Station and the Westfield shopping centre.
Compendium Living will develop some 30 acres of existing industrial and amenity space in the Castleward area into a high quality city community which will become the new gateway into Derby.
This high profile scheme will ultimately provide some 800 new homes, 215,000sq ft of commercial space, community facilities, leisure opportunities, a school and open spaces.