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Birmingham Post
Birmingham Post
Business
Tom Pegden

Green light for £100m Castleward scheme’s next phase

Planning permission has been given for the next phase of the Castleward development, which will see a further 112 homes built in Derby city centre. Work on the fourth phase of the £100 million development – between Derbion shopping centre and Derby Midland Station – will get underway next year.

Developer Compendium Living in working with construction partner Lovell Partnerships on the plans, with work set to start following the completion of Phase 3. The overall 15-20 years construction project also includes green space and 35,000 sq ft of shops.

Bruce Lister, managing director at Compendium Living, said: “We are very proud to have received planning permission to bring another 112 brand-new homes to Derby.

“This continues our successful regeneration of Castleward with Derby City Council, furthering our investment in the city.

“The fourth phase will meet the needs of local people by providing employment opportunities, economic benefits and high-quality homes. We put placemaking at the heart of what we do.

“We are committed to transforming Castleward into a vibrant, sustainable new community that residents can feel proud to call home.”

Derby City Council chief executive Paul Simpson said: “We’ve already created an attractive gateway to the city in the first three phases, and we’re excited to continue that with phase 4.

“This latest phase of work will deliver more high-quality homes for Derby. It will help us continue to build a new community in the city centre following the opening of Castleward Spencer Academy primary and nursery school in 2021.

“Now that planning permission has been received, we’re looking forward to seeing these new homes take shape.”

Beth Bundonis, regional managing director of Lovell Homes’ East Midlands office, said: “Following on from the first three hugely successful phases, the next step in the Castleward development will bring more of the homes this area needs.

“It will also continue to build on the vibrant community we’re developing for our residents.”

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