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 new, highly sustainable, mixed use neighbourhood on unattractive and underused brownfield location near the city centre. The Castleward redevelopment is also significantly enhancing an important gateway to the city, providing wider benefits to residents and visitors.
We will carry out the project 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 and new public realm.
Other future features of the regeneration include:
- A new primary school
- A new pedestrian link to Bass’s Recreation Ground.
Phases 1 & 2
Phase 1, which started in Spring 2013 and provided 164 homes for sale, rent and shared ownership, is now complete. There are also 12 new units of retail/commercial and small business floor-space, and a new public square with play area. In this phase we also created an attractive new boulevard linking the railway station to Derbion shopping centre alongside enhancements to the public realm.
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 wedding shop, a vegetarian/vegan café, and a florist, amongst others.
We completed Phase 2 in early 2021, which consisted of 54 more new homes, a mixture of low-rise apartments, duplex-style properties and houses. In parallel with our building of Phase 2, the new state-of-the-art primary school for Castleward was also being constructed for Derby City Council by Morgan Sindall. This was opened for the first intake in September 2021.
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. During live construction phases, this office is open during working hours, offering local meeting and office facilities for partners involved in the project.
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. There will be low-level (two- and three-storey) family homes as well as apartments and maisonettes. The tenure mix will be approximately 75% for private sale and 25% affordable homes (social rented and/or shared ownership).
For more information or to register an interest in buying a home in Castleward, visit our dedicated Castleward website.