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Birmingham Post
Birmingham Post
Business
Tom Pegden

Derby developer sells three city centre properties

The developer behind the £200m regeneration of Derby’s Becketwell area has sold three buildings in Green Lane. St James Securities has sold the properties to Derby property company Berry Group, which plans to turn them into a mixed-use development – with ground floor commercial units at the front and residential accommodation on the rest of the site.

The properties were originally owned by Debenhams when it traded from the department store which is now home to The Condor – A 259 Grainger apartment scheme, which will launch next month. As part of the area’s regeneration, tracks of land behind The Condor needed to be reconfigured resulting in the disposal of numbers 22-24, 36 and 46-48 Green Lane.

The Becketwell regeneration is the most significant urban scheme of its kind in the city for more than three decades.

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