Joined-up Derby is way ahead of its neighbour for attracting investors
THE organiser of the East Midlands Property and Business Investment Show has said that, for attracting inward investment, Derby was head and shoulders above Nottingham.
Event organiser Martin Freeman praised the city for its joined-up approach to bringing in investors.
The show itself took place at the East Midlands Conference Centre and drew property and business professionals from across the region.
Mr Freeman said: "Nottingham has some way to go to catch up with Derby, which is the most attractive to investors in terms of planning, marketing and delivery.
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"It is all about the product, both in terms of what is coming out of the ground already and what is ready to go.
"You just have to look at a scheme like Friar Gate Square to see that Derby has got it right," said Mr Freeman.
Exhibitors representing Derby included construction firm Bowmer & Kirkland, civil engineering company BSP Consulting, property agent Rigby & Co and Marketing Derby.
A VIP lunch was held by commercial property consultancy Innes England, attracting many of the East Midlands' most active residential and commercial property developers. The event is seen as a good way to gauge business confidence.
Andrew Bock, director at Clowes Developments, was at the show. The company has plans for a large-scale supermarket scheme at the Friar Gate Goods Yard.
Mr Bock said: "We are making progress on the Section 106 agreement and we are hoping that consent will be in place early next year.
"And Derby City Council is organising a forum to understand why development sites are not proceeding.
"I see that as a really positive move because it shows that they want to know what the issues are to see if there are any ways in which they can help," he said.
Marketing Derby had an exhibition stand at the show that was manned by marketing and communications manager Andrew Lowe.
Mr Lowe said: "There has been a lot of interest in what is happening in Derby.
"Most of the excitement has been about the Friar Gate Square office development and the multi-sports arena.
"People from outside the area are surprised at what's happening in the city," he said.
Clegg Construction, main contractor on the Friar Gate Square scheme, was exhibiting at the show and is confident of completion by March.
Comments
by brainsforall
Wednesday, November 14 2012, 1:46PM
“I think STK's comment , ref Nottingham's Parking Levy , makes a valid point and is one of many that is in Derby's favour. I think that Derby is a very good option for any potential investors and Derby is far easier to get into and out of when visiting etc , even though on going issues on the outer ring round near Markeaton Island etc , do cause major issues sometimes.
As for Derby City Council , they should be commended ref the forum that it is organising and in the process of setting up , regarding issues with development sites in the City. I for one, have been very critical of the City Council in some areas, regarding the development sites in the City owned by private concerns. So well done and a very good initiative , along with the Derby Regeneration Fund , to get construction projects moving in the Derby City area.
I believe this new City Council forum and initiative ,will assist matters and obtain a more in depth understanding of any potential problem areas. If there is no major issues and owners of these sites are effectively 'sitting' on their investments , to the detriment of image of the City , then the City Council should explore all avenues and take all appropriate measures , to ensure that no further such examples will be tolerated in the future.”
by Andrew_Ilson
Wednesday, November 14 2012, 10:18AM
“"joined-up"
What a detestable expression. I rank this alongside 'going forward'.
"It is all about the product, both in terms of what is coming out of the ground already and what is ready to go."
Is this guy playing business b*llsh*t bingo?”
by SidtheKid
Wednesday, November 14 2012, 7:41AM
“Three letters sum up Nottingham's failure to attract inward investment, WPL.”