October 17, 2022

Developer Plans Second Derby Scheme With An Eye On The Future Of The High Street

An East Midlands developer is set to renovate a building on Curzon Street in Derby and turn it into an 18-bed luxury student apartment.

Cavendish & London Property Group says it is looking to welcome students for the next academic year.

The Curzon Street scheme follows on from the renovation of a retail unit and upper floors on Wardwick in the city, which is now home to University of Derby students.

Atish Parmar, director at the company, said: “Our main objective is to make this part of the Cathedral Quarter vibrant again. There is a current void within the vicinity and action needs to be taken by private investors like myself to start getting the cogs turning again. We believe in bringing residential accommodation back into the city centres, so that local businesses are having a positive impact from the occupiers.”

Parmar added: “I feel the introduction to residential accommodation will pave the way for local entrepreneurs to secure the vacant retail units within the Cathedral Quarter. Small independent businesses will be the majority on the high street in the very-near future, this area will be one to keep an eye on.”