University announces plans to build ‘iconic’ city centre business school

The University of Derby has announced its vision to build a new, “iconic” business school in the centre of the city.

Set to open in September 2024, the building would be the study base for over 6,000 students by 2030.

The landmark building is proposed to be net zero carbon in construction and operation, aligning to the University’s sustainability strategies and its low carbon expertise and research agenda. It will be on Ford Street in Derby on a University-owned site opposite One Friar Gate Square – home to the School of Law and Social Sciences.

Professor Kamil Omoteso, pro vice-chancellor dean of the College of Business, Law and Social Sciences at the University of Derby, said: “Our ambitious plans for an iconic new business school, located in the centre of Derby, are part of a broader vision to expand the University’s reach and reputation across the UK and globally.

“To do so, the University must be in a position to offer the best possible learner experience that reflects its values of being bold, brilliant and future focused. We intend to build on our already strong reputation to become a leading business school for applied real world learning; one that creates opportunities for a diverse range of students to attain their full potential and become successful and responsible future leaders.”

While the existing Derby Business School is currently based at its Kedleston Road site, the university says the new location will support its ambition to have a greater physical presence in the city centre.

Professor Kathryn Mitchell DL, vice-chancellor and chief executive of the University of Derby, added: “We are delighted to be moving forward with our plans for the new business school, a reflection of our ambitions and commitment to delivering economic, social, environmental, and cultural prosperity to the city of Derby and the D2N2 Local Enterprise Partnership (LEP) region.

“This new city centre building will not only enhance the area’s appeal and vibrancy, but also attract more students to Derby, positively impact the local economy, and provide businesses and organisations with easier access to research, innovation and the business services they need to grow and prosper. This is a hugely important project for the University, one that I hope will receive the support it needs to make it a reality.”