Infinity Park Derby is set to become a catalyst for economic growth, as proposals to integrate the site into the East Midlands Investment Zone (EMIZ) gain traction. The new status, aimed at attracting investment, is expected to generate thousands of high-value jobs and stimulate the local economy.
The plan, which was submitted to the Government in March 2024, includes designating Infinity Park as a Business Rates Retention area. This move allows Derby City Council to retain a portion of the business rates, which will be reinvested in infrastructure projects and local services, boosting Derby’s economic prospects.
The park’s integration into EMIZ offers a series of tax incentives to businesses operating within the area, encouraging innovation, particularly in green technologies and advanced manufacturing. These sectors are central to Derby’s broader strategy of becoming a leading hub for sustainable industries.
Infinity Park Derby, already an established business district, is strategically located near key players like Rolls-Royce and Toyota. The new status will further enhance its appeal as a location for investment, as businesses benefit from access to tax incentives and a thriving local economy.
This step is part of a broader effort by Derby City Council to position the city as a prime destination for high-value industries, providing long-term economic benefits and job opportunities for local communities.
