Compendium Living is delighted to have been chosen as Derby City Council’s preferred development partner for the prestigious £108 million Castleward Urban Village regeneration scheme in Derby.

The scheme is expected to take over 10 years, and will transform a 30-acre brownfield area of the city into a sustainable community of approximately 800 new homes (including affordable housing), a school, community spaces, green space and commercial development. The first phase, which centres on a pedestrian-friendly boulevard from Derby railway station to the city centre, is due to start in spring 2012, and will include around 70 homes, 2,500m2 of commercial space, community facilities and a new central park/square.

Dave Bullock, managing director of Compendium Living, said: “We are absolutely delighted to have been chosen as preferred partner by Derby City Council for this very important development site in the city, which will be Compendium’s biggest project to date. We believe Castleward Urban Village will provide a great new residential neighbourhood and be a perfect environment for people who want to enjoy the benefits of city centre living with the comfort and amenity of high quality family housing.”