Developers have released updated proposals for the regeneration of Derby’s Market Place as the project enters a fresh round of public engagement. VINCI UK Developments and Ion Developments, working with Derby City Council, are seeking further input before submitting an outline planning application in early 2026.
The masterplan focuses on redeveloping the former Assembly Rooms site and surrounding streets, with plans for new commercial, cultural, and hospitality assets. DerbyWORKS is set to introduce Grade A office space aimed at strengthening the city’s business environment, while DerbyHOTEL is proposed as a full-service four-star hotel to support local tourism and corporate travel.
DerbyMADE, the cultural hub first consulted on earlier this year, has been updated in response to public feedback. The latest concept includes flexible public space for studying, meeting, or working, a small music venue, cultural and exhibition areas, a dedicated co-working space, an additional family-focused library, and a range of food and beverage units, including a rooftop bar.
Councillor Nadine Peatfield, Leader of Derby City Council and Cabinet Member for City Centre, Regeneration, Strategy and Policy, commented: “The Market Place is an important part of Derby’s identity, and we know that our residents are eager to share their thoughts and help shape the future of the site. This is an opportunity for everyone who works, lives or visits Derby to share have their say on the latest plans before a full planning application is submitted in the new year.
“We’re excited to move into this next part of the process to transform the space into a vibrant part of the city centre that connects communities, supports local businesses, and celebrates the best of Derby.”
Richard Fagg, Development Director from VINCI UK Developments, commented: “These plans build on the exciting DerbyMADE vision and will form a key part of Derby’s ongoing city centre transformation. This part of the city centre has huge potential, and our partnership aims to deliver a place that reflects Derby’s ambition and creativity. Our goal is to create a destination that residents can be proud of, one that attracts investment, delivers new jobs and brings new life to the heart of the city.”
The consultation will open online from 21 November to 19 December. A drop-in event will take place on 21 November at Derby City Lab in the Market Hall, giving businesses and residents the chance to explore the proposals and speak with the project team before the planning submission is prepared.
