An £11 million project to build a new entrance into the Derbion Shopping Centre, add extra shops and leisure outlets, improve public access to the city centre from Derby bus station and create 126 new jobs will take a major step forward this week.
The city council cabinet is expected to approve funding and delivery arrangements for the Eastern Gateway project, which is being driven by the owners of the shopping centre formerly known as the Intu.
The project is being supported by a £5,097,000 Government grant obtained by the Derby City Council.
It will see a new new public boulevard and 2,300 square metres of urban green space, room enough for more than eight tennis courts.
There will also be new premises that could house additional shops, cafés or bars in East Street, opposite the bus station where the Eagle Market entrance to Derbion meets the Morledge.
Earlier this year, the city council received confirmation of a £15m Future High Streets Fund (FHSF) award to support a programme to transform the high street, support economic growth and increase the vibrancy of the city centre.
The Eastern Gateway is one of three projects within the programme, which also includes the Market Hall and Connecting Works projects in the city.
According to a report going to the cabinet meting on Wednesday, the project is intended to be “a catalyst to improve the overall area, attracting an increase in footfall and aligns with the objectives of the Future High Street Fund programme by driving growth, improving the visitor experience and contributing to the future sustainability of the city centre”.
The remainder of the money will be funded from private sector match funding investment.
If all goes according to plan, including planning approval, construction on the project will begin in autumn 2022 and is expected to be completed by March 2024.
A more detailed confidential report is being heard by councillors on Wednesday without press or public in attendance.
The rest of the cabinet meeting can be viewed on the council’s YouTube channel from 4pm.