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Birmingham Post
Birmingham Post
Business
Tom Pegden

Derby and Derbyshire to showcase £2bn of projects at MIPIM 2022

The £200 million Becketwell regeneration area, Smartparc food manufacturing complex and riverside regeneration will be among £2 billion of Derbyshire projects showcased at next week’s MIPIM property conference.

A delegation from the city and county will promote the region at the global property and construction event which takes place in Cannes, in the south of France, next week.

Other schemes being used to show the opportunities on offer will include a planned £60 million electric bus system and park and ride hubs, the regeneration of Derby’s market hall and Market Place as well as the replacement from the city’s Assembly Rooms.

They and others will be included in two prospectuses – one for the city, the other for the county – which will be unveiled to international investors at the event

A combination of public and private sector officials will join members of Marketing Derby’s inward investment team at MIPIM which runs from March 15 to 18.

Linked to a UK Pavilion, the team will share details of 16 key investment opportunities in a recently updated Derby Investment Prospectus, worth £1.2 billion.

One of the key project being promoted in the document is the University of Derby’s City Hub Masterplan, focusing on the area around One Friar Gate Square, Ford Street, Bridge Street, Agard Street and Nuns Street.

The first phase will include a new business school, and the overall aim will be to create two distinct but linked areas in the city – an academic zone, centred around the university’s current Sir Peter Hilton Court site, and an enterprise zone, based around the Princess Alice Court halls of residence and Enterprise Centre area.

A Derbyshire Investment Prospectus has been produced by Marketing Derby’s Invest in Derbyshire service on behalf of Derbyshire County Council and Derbyshire Economic Partnership, and provides a snapshot of more than £1 billion of key regeneration opportunities across the county.

In total, 23 projects are featured, ranging from major sites which will help drive economic prosperity and support a growing population, to smaller projects at the heart of communities.

John Forkin, managing director of Marketing Derby, who is part of the team going over to Cannes, said: “This is the first MIPIM event in three years and we are bringing a small team who can focus on re-engaging the investment community in our up-and-coming pipeline opportunities.

“We are especially excited to be bringing the university's City Hub to market, as well as the first Derbyshire Investment Prospectus.

“We will be aligned with the UK Government Pavilion where we feel it is important for Derby and Derbyshire to have a profile."

During MIPIM, an event will take place in the UK Pavilion called Project Assemble: The £2bn Investment Atlas for Derby and Derbyshire, which will cover the latest announcements on up-and-coming investment opportunities in the city and county.

Taking place on Wednesday 16 March, it will feature keynote speaker Paul Simpson, chief executive of Derby City Council.

Following MIPIM, Marketing Derby Bondholders will be able to get the inside track on Team Derby and Derbyshire’s activities at a special breakfast event, which is set to take place at Deda, in Chapel Street, on Wednesday, March 23.

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