Derby Council selects agent for city regen
Derby City Council has appointed Avison Young to advise on major council-led regeneration around the city.
The two-year contract will support the city’s Cultural Heart projects, including Market Place, Assembly Rooms, Museum of Making and the Market Hall and performance venue at Becketwell.
Avison Young will support the regeneration and property plans with specialists from the agency, land and development, planning, valuation, building and property management teams.
Derby City Council has appointed Avison Young to advise on major council-led regeneration around the city.
The two-year contract will support the city’s Cultural Heart projects, including Market Place, Assembly Rooms, Museum of Making and the Market Hall and performance venue at Becketwell.
Avison Young will support the regeneration and property plans with specialists from the agency, land and development, planning, valuation, building and property management teams.
This includes working on the existing portfolio, as well as identifying new opportunities.
Paul Simpson, chief executive at Derby City Council, said: “Successful city centres with vibrant communities are key drivers of our local and national economy, and they have a leading role to play in delivering post-pandemic recovery across the UK.
“Our vision for Derby city centre, spearheaded by transformative regeneration projects with people at their heart, will build on the strength of our city and grow its reputation as a great place to live, work and invest.”
Laura Loftus, director at Avison Young, added: “Cultural Heart is just the start of a longer journey, but demonstrates the scale of plans and the potential for the city. In realising this potential, we can not only increase the vibrancy of the area, but leverage further investment opportunities in the City and East Midlands region.”
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