£23m bid to revitalise Derby
Derby is to ask the Government for £23.7 million to help fund a series of schemes that will reinvigorate the city centre, attract more visitors and create hundreds of jobs.
The money will enable delivery of new office space, create attractive public areas, utilise digital technology to improve visitor experience and provide an exciting new use for one of the city’s most historic buildings. It will establish striking new ‘gateways’ to the city centre and better connect key areas.
The bid will be submitted to ministers later this month as part of the Government's £1 billion Future High Streets Fund initiative.
Councillor Matthew Holmes, Deputy Leader of Bondholder Derby City Council and Cabinet Member for Regeneration, Planning and Transportation, said “Successful city centres are the ones able to combine great retail and leisure offerings with residential and business use. Our Future High Street Fund bid, viewed alongside schemes like the Nightingale Quarter and Castleward housing developments and the new Museum of Making, will help to shape a city centre that can be a great place to live, work and relax.”