A planning application has been submitted for the next phase of the Castleward redevelopment in Derby.
Phase five will see 167 new homes built around Canal Street and New Street, with 30% being affordable homes.
Castleward is a partnership project between Derby City Council, regeneration specialists Compendium Living, housing developer Lovell Partnerships, and Homes England.
The £100 million development, situated between Derbion shopping centre and Derby Midland Station, is one of the city’s largest housing projects.
In total, the scheme will provide around 700 new homes, as well as green space and nearly 35,000 sq ft of commercial retail space. It is a long-term placemaking project, being delivered over a period of 15 to 20 years.
Councillor Shiraz Khan, cabinet member for housing, strategic planning and regulatory services, said: “I’m excited to see work begin on this fifth phase of Castleward Urban Village, but for now we will let the planning process run its course and look forward to an outcome later this year.
“The multi-million-pound Castleward regeneration scheme has already breathed new life to this city centre brownfield site, providing hundreds of new homes, a new school, new independent businesses, and a more attractive route between the Derbion and the railway station. Delivering the final phase will help us build a Derby to be proud of.”
Bruce Lister, managing director of Compendium Living, said: “We are delighted that the plans for the next phase of Castleward have been submitted, Castleward is such a significant project for us, and we take great pride in delivering this massive project alongside our partners. We are eager to continue to offer a mix of high-quality housing in the area for the people of Derby, if the planning application is successful.”
Beth Bundonis, regional managing director at Lovell in the East Midlands, said: “The latest phase of our Castleward development highlights the continuation of vital regeneration work. Subject to planning approval, we’re excited to deliver the next chapter of this dynamic city quarter in partnership with Compendium, Homes England and Derby City Council.”
