D2N2 is proud to be allocating £8.1 million to the redevelopment of the Becketwell site in Derby subject to the approval of a final business case.
Commercial regeneration of the Becketwell site, in Derby city centre, has been an ambition of Derby City Council for years; and it is a key project in its City Centre Masterplan. Becketwell, once a busy shopping area, includes Duckworth Square and the former Debenhams department store (which closed more than ten years ago). Previous attempts to redevelop the site have been unsuccessful.
Derby City Council purchased Duckworth Square in 2014; and in March 2017 bought the former Debenhams building with the aid of £4million in D2N2 LEP Local Growth Fund help, which is also being used to prepare the Becketwell site for commercial sale.
When completed, the Becketwell development will boast 342 apartments in two main residential buildings, up to 25,000 square metres of business space, a new public square for the city centre with a hotel, restaurants, and cafes around the square, plus a 500-space pay and display car park.
The scheme will also feature the reinstatement of Summerhill Yard, and the heritage focussed enhancement of the area adjoining the Hippodrome.