Major new plans revealed to create 1,100 jobs in Derby
Plans for a mixed-use scheme on land known as the ‘Derby Triangle’ that would create over 1,100 jobs have been submitted to Derby City Council.
Developer St Modwen wants to build the scheme, which would create a huge extension to Pride Park, on land that was formerly a quarry and landfill area.
It would include a mixture of offices, retail, warehousing and industrial space and would include a supermarket and pub.
The proposals replace a previous scheme submitted by St Modwen in 2014 that was more heavily reliant on office space and would have created 3,300 jobs. Outline planning permission was granted for this scheme in 2017, but St Modwen and development partner Network Rail never progressed it, despite appointing Savills and Innes England to market it.
A planning statement says the new scheme could add some £52.6m to the Derby economy a year and would be built over a ten-year period, but the first commercial units could be occupied as early as 2020/21.
The statement adds: “The proposals will make a major contribution to the economy of the area ensuring that much needed employment land is provided to support economic growth. The proposed development will have a significant impact on economic output in Derby.”
When the original plans for the Derby Triangle scheme were submitted, a £14.9m project to improve safety and reduce congestion on a major route linking Derbyshire and Nottinghamshire, to be funded by Derby City Council and the D2N2 Local Enterprise Partnership (LEP), was passed. It is unknown whether this will now be revised.
