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£7M REGENERATION PLAN
The
regeneration of the Becket Well area of Derby city centre
is edging ever closer as a £7m plan to replace Duckworth
Square with a leisure complex is set for approval. After
years of decay, the derelict shopping precinct could soon
be redeveloped as a European-style piazza surrounded by
bars, restaurants and a nightclub. The plans, which have
been submitted by London-based developer Mixend, are
expected to be approved by Derby City Council's planning
control committee.
Mixend wants to demolish Duckworth Square - currently
boarded up to keep out rough-sleepers and drug-users -
and use the one-acre site for an "urban
entertainment centre" called Exchange Square.
Exchange Square would be an L-shaped complex covering
45,000 sq ft, with a mixture of one and two storeys and a
landscaped piazza. It would have space for bars,
restaurants and a nightclub.
Mixend believes that the development would help to
regenerate the run-down Becket Well area. Jonathan Gold,
director of Mixend, said, "Exchange Square is an
exciting development that is set to become a vibrant
leisure experience which will complement the rest of the
city's busy night-time circuit." He said that,
subject to planning permission being granted, demolition
would be under way shortly, with construction work
starting in September. The official opening of Exchange
Square is planned for autumn, 2004.
Russell Rigby, director of Innes England, joint agents
for the scheme, said, "Strong interest has already
been shown from both national bar and leisure operators
and a number of independents." The precinct, which
was developed in the late 1960s, has been in a state of
disrepair for several years. The future of the site has
been in limbo for more than five years, since Mixend
purchased it in 1997 with ideas for a £100m leisure and
shopping centre.
But the plans came to nothing and, last year, Mixend put
the site up for sale at £1.5m, before having a change of
heart and deciding to develop the site as part of Derby
Cityscape. Cityscape, a £225m blueprint for regeneration
in the city centre, identifies Becket Well as one of five
key areas for regeneration. The plans have been
recommended for approval by Mike Kaye, the council's
assistant director of development and cultural services,
in a report to the planning control committee.
It states: "There is no doubt that the removal of
the existing premises is a considerable benefit for the
area. It will lead to a considerable improvement in the
locality and, hopefully, a significant boost to this
area."
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