Derby Market Hall’s £35m renovation progresses

Artist’s impression of how Osnabruck Square might look

Derby’s Market Hall is progressing toward completion, and is now on the look-out for traders.

Businesses from the region are being asked to express their interest in operating from the refurbished Market Hall, which will serve as a hub for the region’s independent shopping, dining, and entertainment when it reopens in Spring 2025.

Several events are scheduled to provide information about the opportunities available to potential businesses.

The first event, ‘Creative Placemaking: Derby,’ is set for next Monday (October 23), at the Museum of Making and aims to explore how culture and creativity can contribute to the city’s transformation and growth.

Nearly 100 businesses have already registered for this event.

The revitalised market will provide a mix of traditional and themed stalls, including fresh produce, stalls for crafting, trading, and creative endeavours, a food court and bars, shared co-working spaces and various events and pop-up activities.

Derby City Council has appointed Hemingway Design, a design consultancy, to help create a building that will serve as a hub for creative individuals, artisans, and traders.

Renovation work is already in progress on the historic Victorian building to reshape it into a modern retail and leisure destination.

The ongoing second phase of the transformation centres on refurbishing the interior and enhancing the public space outside Osnabruck Square. This includes restoring the original two entrances and installing a grand central staircase. The removal of old stalls reveals a spacious open-plan area on the ground floor.

The £35.1m project is partially funded with £9.43m from the Government’s Future High Streets Funding.

Wayne Hemingway, partner at Hemingway Design said: “This is an opportunity for forward-thinking independent start-ups and existing businesses to be part of a project and creative community that will operate out of this magnificently restored, historic Derby building and play a role in re-energising this part of Derby’s city centre.

“The aim for the incoming Derby Market Hall business community is to be a low-risk venture, with affordable and flexible rates and a range of mentoring and support to help businesses grow and develop.”