Investment News | 26 February 2020

Castleward regen taking shape

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Work to construct 272 new apartments in Derby could start this year. Elevate Property Group is to begin construction when detailed planning discussions are concluded with Derby City Council for the site located adjacent to Castleward Boulevard between the city centre and Derby Railway Station.

If given the final backing, a 1.55-acre site running between Liversage Street and John Street would be transformed over two phases. Both phases will offer a mixture of studio, one, two and three bedroom apartments.

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Sales and marketing director David Hofton said: “Elevate Property Group’s reputation for delivering a quality product with an enhanced specification means that those looking for city living in Derby really do have something to look forward to when the construction programme gets underway.

“We anticipate that Liversage Street will appeal as much to first time buyer as to downsizers and investors, indeed anyone looking for attractive accommodation in an ideal location for those working in the city centre or commuting via rail.”

The Liversage Street scheme has been designed by BDP Architects, with input from BACE Construction Consultants and planning advisers Ridge & Partners.

Tom Hewitt, architect director at BDP Architects, added: “Liversage Street is an historic manufacturing and residential area, and the former site of a saw mill, which has seen successive change over the past 200 years.

“Our design picks up on contextual references, with the vertical alignment of windows and classic industrial warehouse style, as well as the use of red brick with curved corner features.

“We identify Liversage Street as part of a reinvented and growing community and the new homes will be ideally located between the city centre and the railway station, contributing a valuable new source of quality housing in central Derby.”

 


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