The former Boots pharmacy on Victoria Street has been acquired by the developer of the Becketwell regeneration scheme.
The acquisition of the store from a local property company, will open up the gateway to the proposed public square that will form a key part of the £200m development.
This follows the acquisition of the former Pennine Hotel, NCP Car Park and Laurie House on Colyear Street, which were contracted by St James Securities at the end of August as part of a deal with Derby City Council at which time an outline planning application was submitted.
St James Securities’ vision is to create a new part of Derby city centre with its own distinct character and identity. This will take the form of a series of buildings, spaces and views that will enhance the attractiveness and vitality of the city.