Castleward, Derby

Name of development: ‘Castleward’

Location: Derby

What is the development?

This scheme is made up of 40 homes comprised of 26 affordable rent units and 14 shared ownership units. Compendium Living is developing approximately 800 homes across the site in addition commercial retain space, a primary school and community space over the 30-acre site.  The redevelopment will be over 15-20 year period, for which Riverside Home Ownership will be the management company.   

Site type: Brownfield

Contract sum: £3,712,949     

Key Funding Source: £999,000 Recycled Capital Grant Fund

Local authority area: Derby City Council

Project Team: 

Developer – Compendium Regeneration Limited

Purchasers Agent – Aecom

Estimated date of completion for the 40 new homes will be May 2016

The affordable rent properties will be allocated at first let via Derby Homefinder Choice Based Lettings.

Who is the development contact: Corren Black