Derby Market Hall and Eastern Gateway secure £ 15million in funding

The city of Derby has received £ 15million for two major city center projects.

The transformation projects of the market hall and the east gate have obtained the support of the Future High Streets Fund.

The government confirmed that the two projects would receive the grant, after having previously granted interim support.

The money will help make the market hall an attractive and flexible shopping and leisure destination and create a new gateway to the city center.

Market Hall traders are now preparing to relocate to Eagle Market in downtown Derbion after the Victorian site closed on Saturday June 5, to allow essential repair work to take place.

The Eastern Gateway will transform the entrance to Eagle Market, creating a welcoming arrival from the bus station. Improvements to the public domain will be undertaken with the remaining funds.

Derby City Council Deputy Chief Matthew Holmes said: “It has been a difficult time for Main Street, but it is another step forward in the implementation of Derby’s stimulus package.

“The transformation of the market hall and the creation of the Eastern Gateway will attract more people to the main streets and diversify our economy.

“This huge investment in Derby shows the confidence in us to build back better.”

The Future High Streets Fund aims to help renew and reshape city centers and main streets across the country.

Derbion Managing Director Adam Tamsett said: “We are pleased that the government has secured funding for Derby, under the Future High Street Fund.

“With 15 million people passing through the bus station and over 21 million visiting Derbion each year, the East Gate redevelopment project will bring significant investment to this important area of ​​the city.

“We look forward to working with all regional stakeholders on the next steps towards the realization of this exciting project.”

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