High profile place-making and regeneration project in the centre of Derby
The £100m regeneration of the Castleward area is a key element of the City’s ambitious strategic development plan. We are creating a brand new, highly sustainable, mixed use neighbourhood on what is currently an unattractive and underused brownfield location on the edge of the city centre.
Phase 1, which started in Spring 2013 and provided 164 homes for sale, rent and shared ownership, is now complete. In addition, 12 units of retail/commercial and small business floor-space have been provided, totalling 18,750 square feet. An attractive new boulevard linking the railway station to the Intu shopping centre and enhancements to the public realm complete this phase.
The development proved extremely popular from the start, with all the homes and many of the commercial units now occupied. The first business and retail tenants include a branch of AnytimeFitness, a vegetarian/vegan café, a florist and convenience store, amongst others.
Phase 2 is now underway, consisting of 54 more new homes, which will be a mixture of low-rise apartments, duplex-style properties and houses.
Compendium Living has a track record of long term commitment to the places we work. We have a full-time project office on Canal Street, right in the heart of the regeneration area. When building works are underway, this office is open to the public during certain hours, therefore allowing people to drop in and find out more about the project.
The Castleward project will be carried out in a number of phases, over 15-20 years. Over this period, the project will provide about 800 new homes, 35,000 square feet of commercial retail space.
Compendium Living and Derby City Council aim to create a distinctive place combining high quality homes with the benefits of city-centre living. In addition, we want the area to be sustainable, and have a feeling of community. Much of the housing will be low-level (two- and three-storey family homes) with a number of apartments and maisonettes. The tenure mix will be approximately 75% for private sale and 25% affordable homes (social rented and/or shared ownership).
The Castleward redevelopment is also significantly enhancing an important gateway to the city, providing wider benefits to residents and visitors.
Other features of the regeneration scheme include:
- A new primary school
- New public open space/square
- A new pedestrian link to Bass’s Recreation Ground.
For more information or to register an interest in buying a home in Castleward, visit our dedicated Castleward project website.