Council leader Chris Poulter says the schemes will unlock Derby's potential
A hotel and theatre are among the developments planned for three city centre sites.
Derby City Council said it hoped to regenerate the area by building a new theatre on the site of the Assembly Rooms, which was closed following a fire in 2014.Subject to approval, the plans will be submitted to the government in the hope they will receive Levelling Up funding.The proposed theatre, known as Assemble, would be constructed in partnership with the University of Derby.
It also plans to restore historical buildings at Friar Gate Goods Yard, to create a mixed-use development of work and residential space. The scheme would see the refurbishment of the Victorian Friar Gate railway bridge. The council plans to submit a bid to the Levelling Up Fund for between £14-16m.The submissions are subject to sign-off by the council's cabinet on 5 July."These three projects can unlock Derby's potential.
"Linking with other redevelopments already in the pipeline they will give confidence to local businesses, investors and external funders."
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