Work begins on new £45.8m performance venue

Construction work has begun on a brand-new £45.8 million performance venue in the heart of Derby city centre.

Construction group Bowmer + Kirkland has started work on the 3,500-capacity entertainment and events venue, which represents phase two of the £200 million Becketwell regeneration scheme.

Built on the site of the former Pennine Hotel, Laurie House offices, multi-storey car park and Pink Coconut nightclub in Colyear Street and Padley House in Becket Street, the new building will be owned by Derby City Council and leased to and operated by ASM Global.

Councillor Baggy Shanker, leader of the city council, said: “This is an important step forward in finally delivering the new venue Derby needs, which will deliver real, tangible benefits for businesses, residents and visitors.

“Creating a city centre for all is one of our priorities and this new and flexible space is a key part of bringing vibrancy and pride back to our city centre.”

Christian Parnell, regional director at Bowmer + Kirkland, said: “We are absolutely delighted to have been appointed to build Derby’s exciting new entertainment and events venue.

“2023 marks Bowmer + Kirkland’s first 100 years and it is fitting that we are beginning work on a major scheme, which will bring life back to a once vibrant and prominent area of the city.”

Bowmer + Kirkland, which won the contract to deliver the performance venue, took over the site at the start of the month and practical completion is scheduled for January 2025.

The venue is expected to significantly add to Derby’s cultural offering, with a larger, more flexible space than the city centre has had in the past.

It will be a scalable space capable of staging a range of concerts, stand-up comedy, family shows, musical theatre, exhibitions, and business events.

The venue is set to host over 200 cultural and commercial events each year and attract an additional 250,000 visitors to Derby.

It is also expected to create more than 200 new jobs and generate more than £10 million for the local economy per year.

Bowmer + Kirkland is one of the UK’s largest and most successful privately-owned construction and development groups.

Over the past five years, the company has secured projects with a value of almost £3 billion.

Paul Morris, director of St James Securities, which is delivering Becketwell, said: “We are delighted to have concluded this agreement with Bowmer + Kirkland, a local company with a nationwide track record of working on award-winning projects for an extensive portfolio of developers, public sector clients and blue-chip companies across a broad range of sectors.”

In February last year, Peveril Securities, the development arm of the Bowmer + Kirkland Group, were appointed funding and development partners for future phases of the Becketwell scheme.

Ralph Jones, managing director of Peveril Securities, said: “We are pleased to be investing in the future of our home city of Derby and look forward to supporting St James Securities to deliver the landmark arena and future phases of the Becketwell regeneration.”

The performance venue represents phase two of the overall Becketwell regeneration scheme.

Phase one, which comprises Grainger Plc’s 259 one- and two-bedroom build-to-rent apartments, is nearing completion, alongside Springwell Square, which will serve as a multi-purpose space within the development.

Future planned phases include the potential for a range of other complementary uses of the site including a hotel, further residential accommodation, a multi-storey car park and purpose-built student residential.