30th September 2021
St Paul’s Place is a key element in the transformation of Sheffield city centre. The development has seen the creation of office space, complemented by an exciting mix of cultural, retail, residential and restaurant uses to create a new part of the city.
Phase one includes the construction of Derby’s first purpose-built build to rent (BTR) apartments on the site of the former Debenhams store on Victoria Street, which will be funded, acquired and operated by Grainger plc, market leader in the UK build to rent and private rented sector.
The development will comprise of 259 one and two-bedroom apartments, which will be adjacent to a new multi-purpose public square, which is the centrepiece of the development and will also be delivered as part of phase one.
The BTR scheme will offer a range of resident amenities, including a rooftop terrace and ground floor amenity space. There will also be an onsite Resident Services team, gym and separate co-working space, along with secure car parking, bike storage and electric car chargers. Two commercial units will also be available.
Construction work on phase one began in July, with work set to be completed by early 2023.
Now in their 21st year, the EMPD Awards celebrate the success and achievements of companies in the property sector throughout the East Midlands. The Property Deal of the Year award recognises those property companies which have completed the major East Midlands property deals over the past 12 months.
Speaking of being awarded the Property Deal of the Year award, Oliver Quarmby, managing director of St James Securities, said:
Funding for the Becketwell project includes £8.1 million in Local Growth Fund investment from the D2N2 Local Enterprise Partnership, the private sector-led partnership of business, local authorities, skills and training providers, and community and voluntary services which works to promote economic and jobs growth across Derby, Derbyshire, Nottingham, and Nottinghamshire.
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