A leading commercial property expert has called for efforts to be 'redoubled' in a bid to maintain the development momentum in Derby. Stephen Salloway, Senior Partner with Salloway Property Consultants said: "After years of inactivity, development in Derby has burst into life and the city has become the focus for developers, funding institutions, architects, etc.
"A healthy economy and property market has heralded this sudden surge but we must be careful not to confuse market-driven redevelopment with regeneration where direct intervention from the public purse is required. This includes factors such as site-assembly, infrastructure and remediation.
"Derby City Council, EMDA, Derby Cityscape and a number of other bodies have been directly or indirectly 'selling' the city over a number of years and these efforts now should be redoubled if the market appeal of the city and the current development momentum is to continue."
Mr Salloway added: "Derby Cityscape's masterplan identifies numerous opportunities. The City Council is preparing the Derby City Centre Eastern Fringes Area Action Plan which covers Castleward and the DRI site. There is a real need to establish better links between the City Centre and the Railway Station and the time is perhaps right to begin the process of examining how the areas around the new Eagle Centre should respond to its extension."
"Perhaps the most appropriate area of the city for a major regeneration project is Becketwell; the area which includes the now cleared Duckworth Square. This will potentially involve complex site-assembly, master-planning, and access/infrastructure issues and will benefit from the skills and resources offered by the regeneration agencies."
"There is no reason why Becketwell could not become Derby's version of Brindley Place in Birmingham, a vibrant mixed-use development of offices, apartments, bars and retail units, a flagship scheme for the city and a true regeneration project."